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EU - Latest news GMK Center

Photo – Carbon prices in the EU will rise sharply by 2027 – analysts
Carbon prices in the EU will rise sharply by 2027 – analysts

The average forecast price for 2027 was €111.14/t

Photo – EU imported 3.9 million tons of steel raw materials from Russia in January-August
EU imported 3.9 million tons of steel raw materials from Russia in January-August

Semi-finished steel products, direct reduced iron and pig iron account for the bulk of the volume

Photo – How EU CBAM may increase burden of the war for Ukraine
How EU CBAM may increase burden of the war for Ukraine

Domestic iron & steel industry will be the most damaged by CBAM

Photo – EU construction increased by 0.4% m/m in August
EU construction increased by 0.4% m/m in August

Compared to August 2023, the indicator fell by 2.4%

Photo – EU industrial production increased by 1.3% m/m in August
EU industrial production increased by 1.3% m/m in August

In the Eurozone, this indicator increased by 1.8% m/m

Photo – EU increased scrap consumption by 8.8% y/y in H1 – BIR
EU increased scrap consumption by 8.8% y/y in H1 – BIR

The export of this raw material from the EU in January-June amounted to 7.36 million tons

Photo – Romanian Artrom started using green energy in steel production
Romanian Artrom started using green energy in steel production

The company signed a contract with a large electricity supplier in Romania

Photo – Czech Vítkovice Steel will get a new owner and development investment
Czech Vítkovice Steel will get a new owner and development investment

Up to €150 million is planned to be invested in the modernization of the steel plant

Photo – Potential EU anti-dumping duties on hot-rolled steel may lead to shortages – Assofermet
Potential EU anti-dumping duties on hot-rolled steel may lead to shortages – Assofermet

Material shortages may occur if demand and consumption improve

Photo – EU imported 76.1 million tons of steel products from third countries in January-July
EU imported 76.1 million tons of steel products from third countries in January-July

The main share of imports is iron ore – 44.1 million tons

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