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Photo – Italy saw a 6.2% m/m decline in steel production in April
Italy saw a 6.2% m/m decline in steel production in April

Production of long products fell by 7.7% m/m, while production of flat products fell by 9.2% m/m

Photo – The European Parliament has approved new measures to protect the EU steel market
The European Parliament has approved new measures to protect the EU steel market

The new regulations stipulate that the situation in Ukraine will be taken into account when allocating quotas

Photo – The EU’s plan to reduce steel import quotas will significantly harm Ukraine – FT
The EU’s plan to reduce steel import quotas will significantly harm Ukraine – FT

New EU protective measures could cost the country up to €1 billion in export revenue

Photo – European gas prices in the first half of May ranged from €44 to €49 per MWh
European gas prices in the first half of May ranged from €44 to €49 per MWh

The market is under pressure from the conflict in the Middle East and the need to replenish inventories

Photo – Huta Częstochowa is being transferred to the joint ownership of AMW and Węglokoks
Huta Częstochowa is being transferred to the joint ownership of AMW and Węglokoks

The signing of the relevant agreement is expected on May 18

Photo – The EU reduced DRI imports by 68% y/y in January–February
The EU reduced DRI imports by 68% y/y in January–February

Among the main suppliers are Libya and the United States

Photo – Europe needs an open steel market with the UK – Unesid
Europe needs an open steel market with the UK – Unesid

The association expressed concern over the United Kingdom's introduction of protective measures effective July 1

Photo – Industrial production in the eurozone and the EU rose by 0.2% in March
Industrial production in the eurozone and the EU rose by 0.2% in March

The figure fell by 2.1% in the eurozone and by 1.9% in the EU y/y

Photo – European steel processors are criticizing the EU’s new steel import quotas
European steel processors are criticizing the EU’s new steel import quotas

Businesses warn of the risk of supply chain disruptions due to regulatory uncertainty

Photo – European carbon prices in the first half of May ranged from €74 to €77 per ton
European carbon prices in the first half of May ranged from €74 to €77 per ton

The market is reacting to news about the conflict in the Middle East and the European Commission's announcement

Photo – The European Parliament has begun discussing a CBAM deferral for Ukraine
The European Parliament has begun discussing a CBAM deferral for Ukraine

So far, the European Commission has avoided giving clear answers about the prospects for easing the mechanism for Ukraine.

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