EU

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European producers prepare for higher prices for HRC

Buyers cannot book purchases from local producers at a price lower than €600/t. Psychologically, the market is ready for a price change, distributors say

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EU to publish action plan on steel sector in two weeks

The document, in particular, provides for additional priority actions for the sector

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Inflation in the euro area slowed to 2.4% y/y in February

Energy prices rose by only 0.2% last month, compared to 1.9% in January

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EU plan could cut fossil fuel imports by €45 billion in 2025

Annual savings by 2030 could increase to €130 billion

Interpipe offers railway products to the Ukrainian market in accordance with DSTU EN

More than 2000 European standards, including those for railway products, were introduced in early 2024 as part of European integration

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Spain increased steel production by 17.8% m/m in January

During the month, Spanish steelmakers produced 1.02 million tons of steel

EU steel demand may rise in Q2 despite high risks – WSD

Construction recovery and import decline to support the European steel market

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France cut steel production by 12.8% y/y in January

French steelmakers produced 755 thousand tons of steel during the month

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European Commission presents the Clean Industry Agreement

The document positions decarbonization as an engine of growth for European production

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The EC launches a strategic dialog with representatives of the steel industry

Dialogue will be aimed at determining the future course for the steel industry

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Germany reduced steel production by 12.7% y/y in January

The country's industry expects support from the new federal government

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