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EU - Latest news GMK Center

Photo – Construction in the EU increased by 0.2% m/m in April
Construction in the EU increased by 0.2% m/m in April

Compared to April 2023, the indicator fell by 0.9%

Photo – European Union imported 1.52 million tons of Russian iron and steel products in January-April
European Union imported 1.52 million tons of Russian iron and steel products in January-April

The main share of imports falls on semi-finished products – 79.3% of the total volume of supplies

Photo – EU industrialists call for accelerated deployment of wind power
EU industrialists call for accelerated deployment of wind power

Industry associations believe this will help ensure the survival of the bloc's industrial base

Photo – EU imported 5.1 million tons of iron ore from Ukraine in January-April
EU imported 5.1 million tons of iron ore from Ukraine in January-April

Ukrainian suppliers accounted for 20.8% of the total volume of imports of the EU's iron ore

Photo – Industrial production in the EU increased by 0.5% m/m in April
Industrial production in the EU increased by 0.5% m/m in April

Compared to April 2023, the indicator decreased by 2%

Photo – EU may impose restrictions on imports of steel products from Russia following the example of agrarian ones – Kachka
EU may impose restrictions on imports of steel products from Russia following the example of agrarian ones – Kachka

Increased EU tariffs on Russian and Belarusian agricultural products come into force on July 1

Photo – Liberty Steel plans to sell steel plant in Ostrava – Argus
Liberty Steel plans to sell steel plant in Ostrava – Argus

The company is withdrawing the restructuring plan, as its execution is hindered by the weak steel market in Europe and other factors

Photo – EU signs first guarantee agreements for €1.4 billion under the Ukraine Facility
EU signs first guarantee agreements for €1.4 billion under the Ukraine Facility

Thus, the investment component of the program – Ukraine Investment Framework – was launched

Photo – Revision of EU protective measures will lead to a shortage of hot-rolled steel – Assofermet
Revision of EU protective measures will lead to a shortage of hot-rolled steel – Assofermet

The association believes that the future shortage of steel will have a negative impact on several sectors

Photo – European Central Bank cuts key interest rates
European Central Bank cuts key interest rates

The base rate for loans will be 4.25%, the rate for deposits will be 3.75%

Photo – ArcelorMittal announces price increases for long products across Europe
ArcelorMittal announces price increases for long products across Europe

This step is due to high production costs and the need to restore margins

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