EU - Latest news GMK Center

Compared to the same period in 2023, the indicator increased by 0.6% in the Eurozone and by 0.7% in the EU

In 2025, the indicator is expected to recover by 1.8% y/y

The export of rolled products increased by 3% y/y, in particular flat – by 2% y/y, and long – by 5% y/y

The import of rolled products increased by 20% y/y, in particular flat – by 30% y/y, and graded – decreased by 9% y/y

Chinese products can enter the EU market as re-exports from countries that supply HRC to the block under the quota of «other countries»

Exports of steel products amounted to 1.32 million tons in 5 months

Expectations regarding the growth of the indicator in 2025 have also been reduced to +4.1% y/y

In the first half of the year, French steelmakers increased steel output by 6.1% y/y

The total project budget is €85.91 million

Exports of goods to EU covered by CBAM accounted for 9.91% of India's total exports to the bloc in 2022-23

The regulator expects inflation to remain above target over the next year

Compared to May 2023, the indicator fell by 2.5%