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EU - Latest news GMK Center

Photo – EU imported 2.61 million tons of DRI in 2023
EU imported 2.61 million tons of DRI in 2023

The main volume of products was shipped from Russia and Libya – 1.19 million tons and 407.9 thousand tons, respectively

Photo – Carbon emission allowances price in Europe dropped significantly at the beginning of 2024
Carbon emission allowances price in Europe dropped significantly at the beginning of 2024

Decarbonization of the region's energy system is taking place at a rapid pace

Photo – EU imported 1.03 million tons of semi-finished products from Ukraine in 2023
EU imported 1.03 million tons of semi-finished products from Ukraine in 2023

In December, deliveries of Ukrainian products to the EU amounted to 92.64 thousand tons

Photo – Government to approve plan for Ukraine Facility in March
Government to approve plan for Ukraine Facility in March

The European Parliament supported the regulation on launching a support program for Ukraine

Photo – Ukrainian Railways submits €80 million worth of projects to CEF competition
Ukrainian Railways submits €80 million worth of projects to CEF competition

The company is waiting for the results of the competition in June 2024

Photo – EU reduced flat products imports by 8% y/y in 2023
EU reduced flat products imports by 8% y/y in 2023

The main suppliers of flat products in the EU last year were South Korea, India, Taiwan and Vietnam

Photo – Spain increased steel production by 33.4% m/m in January
Spain increased steel production by 33.4% m/m in January

During the month, Spanish steelmakers produced 950,000 tons of steel

Photo – EC approves €1.3 billion in state aid for ArcelorMittal’s decarbonization in Germany
EC approves €1.3 billion in state aid for ArcelorMittal’s decarbonization in Germany

EC considers the aid necessary and expedient to promote the production of environmentally friendly steel

Photo – How fast can Ukraine launch its own ETS?
How fast can Ukraine launch its own ETS?

The creation of an emissions trading system requires the solution of many questions to which there are no unequivocal answers

Photo – EU reduced iron ore imports by 11% y/y in 2023
EU reduced iron ore imports by 11% y/y in 2023

Over the year, Ukraine increased its shipments of munitions to the EU by 3.7% y/y

Photo – EU scrap exports increased by 7% y/y in 2023
EU scrap exports increased by 7% y/y in 2023

The main consumer of raw materials is Türkiye – 57.1% of total exports of raw materials

Photo – EU needs an additional €406 billion annually to achieve its climate goal
EU needs an additional €406 billion annually to achieve its climate goal

Overcoming the deficit of green investments will require a comprehensive approach

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