European Union

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How the economy will develop in the world and in Ukraine’s largest partners in 2025

The EU economy – our country's main economic partner – will continue to show weak growth in the future

European countries granted €14.6 bln for decarbonization of the steel sector

Tata Steel Ijmuiden project to be largest recipient of government aid

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How European steel industry can survive the perfect storm

European stakeholders call for revival of industrial policy

How different countries around the world reacted to CBAM introduction in the EU

Governments are trying to find the most beneficial actions to support exports

European electricity prices and their impact on the Ukrainian economy

More than 90% of steel in the EU is produced in countries with cheaper electricity than Ukraine

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US Steel Kosice reduced steel shipments by 20% y/y in the first quarter

In January-March, steel production increased by 0.3% y/y

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Belgium increased steel production by 9.2% m/m in March

In January-March, Belgian steelmakers reduced steel production by 4.7% y/y

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Tata Steel Europe notes improvement in rolling stock deliveries in Q1

In January-March 2023, the company increased the shipment of rolled steel to customers by 7% q/q

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Belgium reduced steel production by 9.3% m/m in February

In January-February 2023, Belgian steelmakers reduced steel production by 1.3% y/y

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The authorities will continue the dialogue on increasing the share of iron and steel products on the EU market

In 2023, Ukraine and the EU will conduct complex negotiations on relations at the level of industry steel associations and producers

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