EU - Latest news GMK Center

The bloc is considering possible countermeasures, although technical discussions with the U.S. are ongoing

The organization discussed measures taken by the EU, the UK, and other countries to restrict imports of metal products

The war in the Middle East has intensified inflationary pressures

The new crisis relief mechanism allows for the reimbursement of electricity costs through the end of 2026

The conflict in the Middle East is affecting Asian competitors

Among other things, the document contains provisions regarding the volume and application of quotas

In particular, the market is moving toward stricter standards for low-carbon products

In March, the European Parliament added several amendments to the relevant legislation

Declining production, rising imports, and uncertainty surrounding the CBAM are jeopardizing the industry’s future

The market moved in the opposite direction to changes in energy prices

The residential and infrastructure segments have recovered, but the sector’s year-over-year performance remains negative

The price increase is likely to be accepted by buyers by mid-May