EU - Latest news GMK Center

Compared to May 2023, the indicator decreased by 2.5%

The negative trend is explained by consistently low prices for products

Production in steel industry fell by 3.1% m/m

Providing electricity at competitive prices will be crucial for preserving Europe's industrial base

Export of goods to consumers of the European Union reached $10.97 billion

The indicator increased in accordance with the forecast of analysts

The share of Ukrainian products in the total amount of iron imports by US steelmakers is more than 20%

EUROFER called for further fight against excess capacities, Assofermet sees risks for the market

The optimal option is to recognize force majeure and apply a declaratory approach to Ukrainian imports subject to CBAM

During January-May, Spanish steelmakers increased steel output by 3.3% y/y

The main part of the import fell on flat rolled products – 543.4 thousand tons