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Photo – Construction in the EU increased by 1.3% m/m in December
Construction in the EU increased by 1.3% m/m in December

Compared to December 2022, the indicator increased by 2.4%

Photo – EU industry calls for action to restore competitiveness
EU industry calls for action to restore competitiveness

Representatives of various sectors released the Antwerp Declaration – a ten-point plan

Photo – EC approves €4.6 billion for German hydrogen projects
EC approves €4.6 billion for German hydrogen projects

24 hydrogen production projects will be financed. Their total value reaches €8 billion

Photo – Industrial production in the euro area and the EU grew by 2.6% m/m in December
Industrial production in the euro area and the EU grew by 2.6% m/m in December

Compared to December 2022, the indicator increased by 1.2%

Photo – Spain’s Celsa considers selling steel plants in the EU and the UK
Spain’s Celsa considers selling steel plants in the EU and the UK

Plants in Poland, Norway and Great Britain are subject to alienation. The total market value of assets reaches €1.3 billion

Photo – EU reduced greenhouse gas emissions by 7.1% y/y in Q3
EU reduced greenhouse gas emissions by 7.1% y/y in Q3

The largest source of emissions was the electricity and gas supply sector – 23.7% of the total volume

Photo – European CBAM will reduce China’s advantage in steel exports – Goldman Sachs
European CBAM will reduce China’s advantage in steel exports – Goldman Sachs

The introduction of the mechanism could have a serious impact on Chinese steel and aluminum producers

Photo – EU pipe production to grow moderately during 2024-2025 – EUROFER
EU pipe production to grow moderately during 2024-2025 – EUROFER

Production is expected to recover by 1.3% this year and 0.5% – in 2025, after a 2.4% drop in 2023

Photo – EU should speed up authorization procedures – BusinessEurope
EU should speed up authorization procedures – BusinessEurope

The time required to obtain permits is a barrier to investment in Europe

Photo – European steelmakers positively assessed the revision of EU safeguard measures
European steelmakers positively assessed the revision of EU safeguard measures

This is a step to further solve the problem of global overcapacity

Photo – Construction volumes in the EU will decrease by 0.4% y/y in 2024 – EUROFER
Construction volumes in the EU will decrease by 0.4% y/y in 2024 – EUROFER

In 2025, the indicators in the industry are expected to recover – by 2% y/y

Photo – Ukraine needs to preserve autonomous trade measures with the EU – Taras Kachka
Ukraine needs to preserve autonomous trade measures with the EU – Taras Kachka

The country also needs an unblocked border to have access to the European market

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