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steel industry - Latest news GMK Center

Photo – European Commission publishes Steel and Metals Action Plan
European Commission publishes Steel and Metals Action Plan

The document, in particular, provides protection against unfair competition and carbon leakage risks

Photo – Turkish steel industry needs state support – ÇİB
Turkish steel industry needs state support – ÇİB

The association believes that this will play a significant role in the context of growing global competition

Photo – Swiss government offers assistance to steelmakers
Swiss government offers assistance to steelmakers

In March, the retroactive introduction of transitional support was announced

Photo – UK Steel offers affordable electricity solutions for steelmakers
UK Steel offers affordable electricity solutions for steelmakers

Industry association calls for introduction of bilateral contract for difference mechanism

Photo – Losses of Ukrainian steelmakers due to CBAM may amount to $1.6 billion in 2030
Losses of Ukrainian steelmakers due to CBAM may amount to $1.6 billion in 2030

Exports of rolled products and semi-finished products will suffer the most

Photo – Clean Industry Agreement: a diagnosis without a quick fix
Clean Industry Agreement: a diagnosis without a quick fix

The main criticism of the Clean Industrial Deal is the lack of specifics

Photo – Spanish Unesid is concerned about the lack of EU decisions on energy prices
Spanish Unesid is concerned about the lack of EU decisions on energy prices

The associationnotes the need for structural reform of the European electricity market

Photo – EU to publish action plan on steel sector in two weeks
EU to publish action plan on steel sector in two weeks

The document, in particular, provides for additional priority actions for the sector

Photo – Cleveland-Cliffs reduced steel sales by 5% y/y in 2024
Cleveland-Cliffs reduced steel sales by 5% y/y in 2024

Last year, the company's foreign sales amounted to 15.6 million tons

Photo – The British government reaffirmed its commitment to support the steel industry
The British government reaffirmed its commitment to support the steel industry

Government launches consultation plan for steel industry

Photo – UK steel industry needs to reduce electricity costs – UK Steel
UK steel industry needs to reduce electricity costs – UK Steel

The issue should be one of the first challenges for the Steel Industry Council

Photo – AISI outlines priorities for the US steel industry for 2025
AISI outlines priorities for the US steel industry for 2025

American Iron and Steel Institute appeals to the Trump Administration and Congress

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