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Europe - Latest news GMK Center

Photo – Stainless steel prices in Europe will continue to decline – Assofermet
Stainless steel prices in Europe will continue to decline – Assofermet

The reason is high inventories in service centers and weak demand in key sectors

Photo – ANNOUNCEMENT: Kallanish Europe Steel Markets 2025
ANNOUNCEMENT: Kallanish Europe Steel Markets 2025

The event will discuss the steel industry's prospects for the current year

Photo – Electricity prices in Europe fell significantly in March
Electricity prices in Europe fell significantly in March

Last month, the weighted average price for DAM in Ukraine amounted to €121.4/MWh

Photo – Electricity prices in Europe rose significantly in February amid rising gas prices
Electricity prices in Europe rose significantly in February amid rising gas prices

In Ukraine, the weighted average price on the DAM last month was €139.3/MWh

Photo – Cost is key to green hydrogen deployment – Fortescue Energy
Cost is key to green hydrogen deployment – Fortescue Energy

IEEFA, in turn, recommends that European steelmakers reconsider their position on green iron imports

Photo – Electricity prices in Europe increased in December in most markets
Electricity prices in Europe increased in December in most markets

In Ukraine, the weighted average price of the DAM in December amounted to €136.4/MWh

Photo – Electra and Interfer to cooperate in the field of pure iron
Electra and Interfer to cooperate in the field of pure iron

In this way, Interfer will support customers in achieving their decarbonization goals

Photo – European companies form alliance to promote hydrogen market
European companies form alliance to promote hydrogen market

The alliance included German steel producers

Photo – Electricity prices in Europe increased in November amid rising demand and gas prices
Electricity prices in Europe increased in November amid rising demand and gas prices

Ukraine reduced electricity imports during the period, the price of the DAM amounted to €126/MWh

Photo – European green investments will be activated with clear policies – Lakshmi Mittal
European green investments will be activated with clear policies – Lakshmi Mittal

The EU should support steelmakers, make sure CBAM is effective, and solve the import problem

Photo – Ford plans to cut 4 thousand jobs in Europe
Ford plans to cut 4 thousand jobs in Europe

The company explains this by the pressure of growing competition and weaker than expected sales of electric vehicles

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