EUROFER - Latest news GMK Center

The export of rolled products increased by 3% y/y, in particular flat – by 2% y/y, and long – by 5% y/y

The import of rolled products increased by 20% y/y, in particular flat – by 30% y/y, and graded – decreased by 9% y/y

Expectations regarding the growth of the indicator in 2025 have also been reduced to +4.1% y/y

The association expects that the EC will consider the creation of a suitable alliance to ensure the ecological transition

Rolled steel shipments during this period increased by 9% y/y

The import of rolled products increased by 20% y/y, in particular flat – by 33% y/y, and graded decreased by 15% y/y

Expectations regarding the growth of the indicator in 2025 have improved – from +2.9% y/y to +5.4% y/y

The industry is currently facing high energy prices and global overcapacity

This week the EUROFER report for 1Q 2024 was released

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

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

Rolled steel shipments decreased by 4% y/y