EU - Latest news GMK Center

Analysts expected a reduction in the growth rate of consumer prices in September to 1.9%

The industry is likely bracing itself for a challenging finish to 2024 with potential price declines

The profile directorate of the European Commission is currently investigating the feasibility of such a step

Metinvest does not buy Russian slabs for its own European rolling mills, choosing Ilva as a key supplier

The main volume is accounted for by steel semi-finished products, DRI and pig iron

The issue of security of Ukrainian seaports and sea routes was also discussed

Imports increased by 4.8% y/y

In July, 39,000 tons of Japanese HRC were withdrawn from customs clearance

This call is connected with a rapid increase in the import of steel to the EU, in particular hot-rolled coil

This will lead to the gradual abandonment of the free allocation of EU ETS quotas and the reduction of the emission limit

Compared to July 2023, the indicator fell by 2.4%

High energy costs and stagnation in the economy restrain market development