EU - Latest news GMK Center

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

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

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

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

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

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

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

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

Expectations regarding the growth of the indicator in 2025 have improved – from +2.9% y/y to +5.4% y/y

The bloc should introduce more tariffs, following the US, says the company's CEO

There are hopes that the relatively free access of Ukrainian companies to the European market will be preserved

During January-March, Spanish steelmakers reduced steel output by 2.3% y/y