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EU - Latest news GMK Center

Photo – Romania plans to resume operation of Otelu Rosu steel plant
Romania plans to resume operation of Otelu Rosu steel plant

UMB's new investor will invest over €300 million to restart the company, which has been idle since 2013

Photo – EU approves law on stimulating the production of green technologies
EU approves law on stimulating the production of green technologies

In particular, the law is intended to strengthen European industry in the face of competition from China and the United States

Photo – Spain increased steel production by 13.7% y/y in April
Spain increased steel production by 13.7% y/y in April

During January-April, Spanish steelmakers increased steel output by 1.7% y/y

Photo – European pipe producers support anti-dumping investigation into imports from China
European pipe producers support anti-dumping investigation into imports from China

Earlier, the European Commission announced the start of the procedure regarding the import of some Chinese seamless pipes

Photo – US, Europe and China to dominate hydrogen supply – BloombergNEF
US, Europe and China to dominate hydrogen supply – BloombergNEF

Projects in three markets will account for 80% of production

Photo – EU increased DRI imports by 12.7% m/m in Q1
EU increased DRI imports by 12.7% m/m in Q1

In March, the indicator fell by 36.6% y/y

Photo – UZ Cargo Poland – a new platform for cooperation with customers
UZ Cargo Poland – a new platform for cooperation with customers

The company specializes in cargo transportation by rail between Ukraine and the EU

Photo – EU increased imports of semi-finished products from Ukraine by 38.2% y/y in Q1
EU increased imports of semi-finished products from Ukraine by 38.2% y/y in Q1

Ukrainian suppliers accounted for 16.1% of the total volume of imports of semi-finished products from the EU

Photo – EU imported 3.68 million tons of iron ore from Ukraine in Q1
EU imported 3.68 million tons of iron ore from Ukraine in Q1

Ukrainian suppliers accounted for 20.1% of the total imports of the EU's iron ore

Photo – EC initiates anti-dumping investigation into seamless pipes from China
EC initiates anti-dumping investigation into seamless pipes from China

The procedure was initiated following a complaint filed by the European Association of Steel Pipe Manufacturers

Photo – Construction in the European Union decreased by 0.1% m/m in March
Construction in the European Union decreased by 0.1% m/m in March

Compared to March 2023, the indicator fell by 0.7%

Photo – EU postpones some sustainability reporting requirements
EU postpones some sustainability reporting requirements

This will allow more time to develop appropriate standards for individual sectors and non-EU companies

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