Europe

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European long products producers struggle with high costs

The ongoing market downturn may force steelmakers to shut down or sell some capacity

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Electricity prices in Europe fluctuated in October due to changes in gas prices and renewable generation

In Ukraine, the weighted average price of electricity on the DAM amounted to €123.6/MWh

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ECB cuts key interest rates for the third time in a year

Inflation in the Eurozone fell below the target level in September

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Electricity prices in Europe fell significantly in September

The Ukrainian day-ahead market price in September was €123.7/MWh

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EU companies prepare for full implementation of CBAM in 2026

Business studies the specifics of the mechanism and accelerates decarbonization efforts

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Electricity prices rose significantly in August in most European countries

In Ukraine, the weighted average price for DAM in August was €126.7/MWh, which is 40.4% more than the average for 2023

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Steel demand in Europe may improve only in 2025

European industry and construction are recovering too slowly

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Electricity prices in Europe increased significantly in June

European steelmakers call for paying attention to electricity prices, Ukrainian steel sector proposes to reduce the share of electricity imports which is needed to ensure stable energy supply to 50%

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Prices on the European ferroalloy market remain in a wide range

Merafe will stop publishing quarterly reference prices for ferrochrome starting in June

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Electricity prices in Europe increased in May in most countries

In particular, electricity cost was affected by the increase in the price of gas and carbon emissions

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Liberty considers recapitalization or sale of assets in Western Europe

The company initiated a strategic review of enterprises in Benelux and Italy

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Electricity prices in Europe fell significantly in April thanks to renewable energy

In April, gas injection into European gas storage facilities slowed down

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