EU - Latest news GMK Center

The main part of the import fell on long steel – 497.54 thousand. t

During January-November, Spanish steelmakers increased steel output by 2.4% y/y

Imports of certain categories of these products increased from 1.3 million tons in 2020 to 1.6 million tons by mid-2024

Imports increased by 3.6% y/y

Steel demand in Europe grows, while imports are restricted by anti-dumping measures

The introduction of this mechanism will complicate the export of electricity to the European Union

Compared to October 2023, the indicator fell by 0.8%

The mian volume is accounted for by semi-finished steel products, direct reduced iron and pig iron

The investigation was launched at the request of 13 member states of the bloc

The bank sees a trend of price growth next year, but more modestly than expected

In an annual comparison, this indicator fell by 0.8% m/m

The decision was driven by low demand for steel and high volumes of imports from outside the EU