Europe - Latest news GMK Center

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

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

The likely increase in demand in April-June is forecast to be insignificant

The reasons are high energy prices and growing regulatory requirements

Buyers are putting pressure on ferrochrome prices, while enquiries for ferrosilicon were few and far between

Average gas prices and CO2 emissions continued to fall last month

They demand the European Commission to create a crisis working group on GFG Alliance/Liberty

This trend was facilitated by the fall in the cost of gas, the decrease in demand and the growth of generation from renewable sources

About 1.18 million tons of HRC were expected to be imported into the EU on January 5 in the «other countries» category

In the first quarter of 2024, HRC prices in Europe may continue to rise

The Spanish Celsa raised prices in Europe for all its products by €30/t

This bubble is huge