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France - Latest news GMK Center

Photo – French economy to return to growth in Q1 – central bank
French economy to return to growth in Q1 – central bank

Business survey points to uncertainty factor

Photo – France’s construction industry continues to experience a crisis
France’s construction industry continues to experience a crisis

Industry Federation gives a gloomy forecast for 2025

Photo – France increased steel production by 7.6% y/y in 2024
France increased steel production by 7.6% y/y in 2024

During the year, French steelmakers produced 10.75 million tons of steel

Photo – A third of the EU steel industry is at risk of shutting down – ArcelorMittal France
A third of the EU steel industry is at risk of shutting down – ArcelorMittal France

ArcelorMittal France emphasizes the critical need to review CBAM and safeguard measures to save European steel

Photo – France imported 325.2 thousand tons of steel from third countries in January-October
France imported 325.2 thousand tons of steel from third countries in January-October

The main part of the import fell on long rolled steel – 189.54 thousand. t

Photo – France produced 967,000 tons of steel in November
France produced 967,000 tons of steel in November

In January-November, French steelmakers increased steel output by 8% y/y

Photo – The Bank of France has lowered its economic growth forecast for 2025
The Bank of France has lowered its economic growth forecast for 2025

Forecast for next year revised to 0.9% from 1.2%

Photo – France reduced steel production by 5% m/m in October
France reduced steel production by 5% m/m in October

In January-October, French steelmakers increased steel output by 8.8% y/y

Photo – ArcelorMittal may close two service centers in France
ArcelorMittal may close two service centers in France

The company cites a significant drop in customer activity in the industrial and automotive sectors

Photo – The Bank of France does not forecast economic growth in Q4
The Bank of France does not forecast economic growth in Q4

In Q3 the country's GDP increased by 0.4% q/q

Photo – France reduced steel production by 8.7% m/m in September
France reduced steel production by 8.7% m/m in September

In January-September, French steelmakers increased steel production by 9.9% y/y

Photo – ArcelorMittal Fos-sur-Mer puts a new ladle furnace into operation
ArcelorMittal Fos-sur-Mer puts a new ladle furnace into operation

Thanks to this, by 2025, CO2 emissions at the enterprise will be reduced by almost 10%

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