EUROFER - Latest news GMK Center

The import of rolled steel decreased by 13% y/y in 11 months

In 2023, the indicator is expected to decrease by 6.3% y/y

The association believes that this decision weakens sanctions and contradicts the EU's climate goals

The approved list does not include leading technologies of decarbonization of steel production

In November, Ukrmetalurgprom became an associated member of EUROFER, which will allow it to work with the EU steel community

Further prolongation and weakening of sanctions risks becoming a historical mistake, the association believes

Ukrainian steelmakers will be able to directly participate in the activities of the European steel community

European steelmakers are implementing more than 60 decarbonization projects

In 2024, the indicator will grow by 7.6%, but will face geopolitical unpredictability and economic uncertainty

The aim is to ensure the sustainability of the industry and compliance with the EU's overall transition to green and digital technologies

The main drivers of negative expectations are high energy prices, increased production costs and the war in Ukraine

The proposed steps do not address the root causes of high prices