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The company considers the launch of a safeguard investigation to be a necessary first step

The hardest hit will be the long products and billets sectors, while risks for flat products will rise sharply after 2029

Ukraine is forced to reduce its exports to this market and is losing out on foreign exchange earnings

European manufacturers of these products are facing intense import pressure

Purchases fell by 11.1% y/y in monetary terms, while the United States and Norway remained key suppliers

In February, the figure fell by 20.9% y/y and 9.6% m/m

European lawmakers are calling for the removal of the 50% U.S. tariffs on steel and aluminum products

The global surplus of steelmaking capacity has reached 640 million tons and threatens investment, employment, and production in the EU

In particular, the European Commission has pledged additional support for industry to facilitate decarbonization

New quotas and higher tariffs could significantly limit supply

In particular, the parties discussed the recognition of emission verification procedures for Turkish exporters

EUROFER has criticized the failure to assess the role of fossil fuels in setting energy prices