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EU - Latest news GMK Center

Photo – The EC proposes updating the parameters of the EU ETS: industry will receive more free allowances
The EC proposes updating the parameters of the EU ETS: industry will receive more free allowances

Free allowances will cover approximately 75% of the industrial sector's emissions

Photo – The Ukrainian steel industry and European integration: areas of conflict
The Ukrainian steel industry and European integration: areas of conflict

The European Commission has acknowledged the issue regarding the use of default emission values, and it will be resolved in the near future

Photo – EU protective measures against steel imports may be ineffective – ArcelorMittal Spain
EU protective measures against steel imports may be ineffective – ArcelorMittal Spain

The past 15 years have been «years of slow death» for the European steel industry

Photo – The EU has allocated over €1 billion to hydrogen projects aimed at decarbonization
The EU has allocated over €1 billion to hydrogen projects aimed at decarbonization

Funding will be provided to nine projects aimed at strengthening industry and energy security

Photo – Huta Częstochowa has produced 500,000 tons of steel since resuming operations
Huta Częstochowa has produced 500,000 tons of steel since resuming operations

The company is ramping up production and focusing on specialty steels and the defense sector

Photo – The US will impose 25% tariffs on cars if the EU does not approve the trade agreement
The US will impose 25% tariffs on cars if the EU does not approve the trade agreement

Trump may completely abandon the agreements if the European Union imposes additional trade measures in response

Photo – Electricity prices in Europe fell significantly in April
Electricity prices in Europe fell significantly in April

The price of day-ahead electricity in Ukraine last month was €113/MWh

Photo – EUROFER: The IAA should stimulate demand for steel produced in the EU
EUROFER: The IAA should stimulate demand for steel produced in the EU

The industry is calling for stricter rules of origin to avoid subsidizing imports and losing investment

Photo – EU producers are calling for the CBAM to be extended to the processing sectors
EU producers are calling for the CBAM to be extended to the processing sectors

EUROFER and the business community warn: unless changes are made, the mechanism will encourage imports and put pressure on European producers

Photo – The EU scrap market balance in 2025
The EU scrap market balance in 2025

Weak steel production held back demand, while exports stabilized, with a focus on Turkey and Egypt

Photo – The EU will respond to Trump’s 25% auto tariffs
The EU will respond to Trump’s 25% auto tariffs

The U.S. President is once again violating existing trade agreements

Photo – Eurozone GDP rose by 0.8% y/y in Q1
Eurozone GDP rose by 0.8% y/y in Q1

Compared to the previous quarter, the figure increased by 0.1%

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