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EU - Latest news GMK Center

Photo – EU increased imports of semi-finished products from Ukraine by 22% y/y in January-February
EU increased imports of semi-finished products from Ukraine by 22% y/y in January-February

In February, deliveries of Ukrainian products to the EU amounted to 100,000 tons

Photo – Overcoming CBAM challenges for Ukraine and the EU
Overcoming CBAM challenges for Ukraine and the EU

Solving the existing problems depends on cooperation between Ukrainian and European authorities

Photo – EU imported 577 thousand tons of Russian iron and steel products in January-February
EU imported 577 thousand tons of Russian iron and steel products in January-February

The main share of imports falls on semi-finished products – 82.2% of the total volume of deliveries

Photo – Germany increased steel production by 8.4% y/y in March
Germany increased steel production by 8.4% y/y in March

Pig iron production increased by 3.5% y/y for the month, and rolled steel – by 1% y/y

Photo – Ukraine exported 1.1 million tons of iron ore to the EU in February
Ukraine exported 1.1 million tons of iron ore to the EU in February

Ukrainian suppliers accounted for 20.5% of the total EU iron ore imports

Photo – EU reduced DRI imports by 35.5% m/m in February
EU reduced DRI imports by 35.5% m/m in February

In January-February, the indicator increased by 35.2% y/y

Photo – Construction in the EU increased by 1.8% m/m in February
Construction in the EU increased by 1.8% m/m in February

Compared to February 2023, the indicator fell by 0.6%

Photo – EU has created an investment structure under the Ukraine Facility
EU has created an investment structure under the Ukraine Facility

The structure is designed to stimulate investment for the recovery and reconstruction of Ukraine

Photo – Industrial production in the EU grew by 0.7% m/m in February
Industrial production in the EU grew by 0.7% m/m in February

Compared to February 2023, the indicator decreased by 5.4%

Photo – European steel industry needs 5 million tons of hydrogen per year for decarbonization
European steel industry needs 5 million tons of hydrogen per year for decarbonization

The main steel projects in the region will be ready to use hydrogen by 2026-2027

Photo – European Commission approves plan for Ukraine Facility
European Commission approves plan for Ukraine Facility

EU member states have one month to adopt the implementation decision proposed by the EC

Photo – EU considers acquisition of US Steel by Japanese Nippon Steel
EU considers acquisition of US Steel by Japanese Nippon Steel

Antitrust decision on the deal is expected in mid-May

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