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EU - Latest news GMK Center

Photo – EU launches trade investigation into Chinese tinplate
EU launches trade investigation into Chinese tinplate

The investigation will last up to 14 months, with the possible introduction of temporary duties after 7-8 months

Photo – EC has improved its forecast for EU economic growth in 2024
EC has improved its forecast for EU economic growth in 2024

It is expected that the bloc's GDP will grow by 1% y/y this year

Photo – EU finally approves extension of trade visa-free regime for Ukraine
EU finally approves extension of trade visa-free regime for Ukraine

The duty-free trade regime has been extended until June 2025

Photo – EC opposes the circumvention of safeguard measures on stainless steel plates from Indonesia
EC opposes the circumvention of safeguard measures on stainless steel plates from Indonesia

Anti-dumping and anti-subsidy duties on SSCR from Indonesia extended to imports from three more countries

Photo – EU ambassadors support plan for Ukraine Facility
EU ambassadors support plan for Ukraine Facility

The implementation decision to approve the Plan must be adopted at the meeting of the EU Council on May 14

Photo – EU reduced steel exports by 2% y/y in January-February
EU reduced steel exports by 2% y/y in January-February

Rolled steel shipments during this period increased by 9% y/y

Photo – Germany imported 155 thousand tons of steel from third countries in January-February
Germany imported 155 thousand tons of steel from third countries in January-February

The main part of the import fell on long-rolled goods – 112.33 thousand tons

Photo – Eurozone and EU GDP grew by 0.3% q/q in Q1
Eurozone and EU GDP grew by 0.3% q/q in Q1

Compared to the same period in 2023, the indicator increased by 0.4% in the Eurozone and by 0.5% in the EU

Photo – EU increased imports of steel products by 4% y/y in January-February – EUROFER
EU increased imports of steel products by 4% y/y in January-February – EUROFER

The import of rolled products increased by 20% y/y, in particular flat – by 33% y/y, and graded decreased by 15% y/y

Photo – Ukraine and the EU start negotiations on the extension of the transport visa-free regime
Ukraine and the EU start negotiations on the extension of the transport visa-free regime

EC proposes to extend the agreement for at least 12 months with the possibility of extending it later for another six months

Photo – Poland increased steel production by 17.6% m/m in March
Poland increased steel production by 17.6% m/m in March

In January-March, the indicator decreased by 3.4% y/y

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