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Photo – Tata Steel restarts blast furnace No. 6 in IJmuiden
Tata Steel restarts blast furnace No. 6 in IJmuiden

The unit was idle for 10 months due to maintenance and force majeure

Photo – EU approves €50 billion aid package for Ukraine
EU approves €50 billion aid package for Ukraine

Funding will take place through Ukraine Facility program

Photo – Weakening steel market complicates Thyssenkrupp’s negotiations with Czech investor
Weakening steel market complicates Thyssenkrupp’s negotiations with Czech investor

The company continues negotiations with the Czech billionaire regarding the possible sale of part of the European steel division

Photo – Germany’s steel regions call for continuation of the EU’s protective measures on steel imports
Germany’s steel regions call for continuation of the EU’s protective measures on steel imports

Representatives of the country's federal lands formed the Steel Alliance

Photo – EU reduced rolled steel import from third countries by 4.5% y/y in November
EU reduced rolled steel import from third countries by 4.5% y/y in November

The export of steel products for the month increased by 6.4% y/y

Photo – European steelmakers call for acceleration of negotiations on the Green Steel Club
European steelmakers call for acceleration of negotiations on the Green Steel Club

Progress on the steel deal between the EU and the US has been slow

Photo – Eurozone GDP remained unchanged in Q4 compared to Q3
Eurozone GDP remained unchanged in Q4 compared to Q3

The economy of the European Union also stabilized

Photo – European Commission granted an opportunity to postpone the first report on CBAM
European Commission granted an opportunity to postpone the first report on CBAM

This solution is due to technical issues with the respective registry

Photo – EU gas consumption decreased by 13.5% y/y in 2023
EU gas consumption decreased by 13.5% y/y in 2023

The indicator was lower than the average level of consumption for 2017-2021

Photo – Italy increased imports of rolled products from third countries by 31.2% y/y in November
Italy increased imports of rolled products from third countries by 31.2% y/y in November

The export of steel products for the month decreased by 2.6% y/y

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