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Photo – EU industry seeks deep energy market reform
EU industry seeks deep energy market reform

The deficit of investments in the European energy grid is estimated at €800 billion by 2030

Photo – Tata Steel India reaches record steel production in FY2023-2024
Tata Steel India reaches record steel production in FY2023-2024

Over the past fiscal year, the division increased steel production by 4% y/y – up to 20.8 million tons

Photo – Emissions under the EU ETS decreased by a record 15.5% y/y in 2023
Emissions under the EU ETS decreased by a record 15.5% y/y in 2023

In energy-intensive industries, emissions decreased by approximately 7% y/y

Photo – European steel industry should better justify decarbonization – Tata Steel CEO
European steel industry should better justify decarbonization – Tata Steel CEO

EU steel producers, in the midst of technological change, find themselves in a difficult situation

Photo – Inflation in the euro area slowed to 2.4% y/y in March
Inflation in the euro area slowed to 2.4% y/y in March

The indicator has been declining for the third month in a row

Photo – Austria increased steel production by 8.6% y/y in February
Austria increased steel production by 8.6% y/y in February

In one month, Austrian steelmakers produced 580,000 tons of steel

Photo – EU countries propose to ban imports of Russian scrap
EU countries propose to ban imports of Russian scrap

The proposal was submitted by Lithuania, the Czech Republic, Latvia and Estonia

Photo – EU increased exports of long products by 4.1% y/y in 2023
EU increased exports of long products by 4.1% y/y in 2023

The main consumers of long products in the EU last year were the US, UK and Switzerland

Photo – EU imported 240 thousand tons of Russian iron and steel products in January
EU imported 240 thousand tons of Russian iron and steel products in January

The main share of imports is semi-finished products – 78.5% of the total volume of deliveries

Photo – Poland reduced steel production by 10.1% y/y in February
Poland reduced steel production by 10.1% y/y in February

In January-February, the indicator decreased by 3.9% y/y

Photo – Exporting countries have almost exhausted EU quotas for the first quarter for some items
Exporting countries have almost exhausted EU quotas for the first quarter for some items

Quotas on imports of long products by some countries have actually been selected despite weak consumption in the EU

Photo – Creating conditions for decarbonization of steek industry should be an EU priority – EUROFER
Creating conditions for decarbonization of steek industry should be an EU priority – EUROFER

The industry is currently facing high energy prices and global overcapacity

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