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Photo – Europe has overcome the most difficult phase of the energy crisis: what are the expectations for 2023

At the beginning of the year, analysts improved forecasts for the growth of the Eurozone economy to 0.6-0.9% in 2023

Photo – Electricity prices in Europe fell significantly in January 2023
Electricity prices in Europe fell significantly in January 2023

Governments and companies are still forced to act in the face of energy price volatility

Photo – European steelmakers cut steel production by 10.5% in 2022
European steelmakers cut steel production by 10.5% in 2022

All major steel producers in the European Union showed a significant drop in smelting

Photo – How Western sanctions affect Russian steel trade
How Western sanctions affect Russian steel trade

The European market remained open for raw materials from the Russian Federation, the USA introduced minimal bans

Photo – European HRC producers are aiming for further price increases
European HRC producers are aiming for further price increases

The trends in the Chinese HRC market will be determined after the holiday period

Photo – What will be the dynamics of the world economy in 2023
What will be the dynamics of the world economy in 2023

Analysts expect that in 2023 the economies of Asian countries will grow, while the USA and the Eurozone are threatened with recession

Photo – Ukrainian iron and steel sector activity: results for 11 months of 2022
Ukrainian iron and steel sector activity: results for 11 months of 2022

Ukrainian iron and steel industry is significantly affected by problems with electricity supply and disruptions in logistics

Photo – Steel “Ramstein”, or what EU and US can really do for Ukraine
Steel “Ramstein”, or what EU and US can really do for Ukraine

Ukraine needs cancellation of anti-dumping duties in USA and prolongation of trade without duties with EU

Photo – The material of the future: why ferrous scrap has already become a strategic raw material
The material of the future: why ferrous scrap has already become a strategic raw material

The demand for ferrous scrap is growing due to the global development of electro steel industry in the framework of decarbonization

Photo – What does the eighth package of sanctions mean for the steel industry of the EU and the Russian Federation
What does the eighth package of sanctions mean for the steel industry of the EU and the Russian Federation

The European Commission expanded the list of restrictions, but postponed their entry into force until 2023-2024

Photo – European governments save steel industry from high electricity prices
European governments save steel industry from high electricity prices

Spot electricity prices vary across European countries, and governments are introducing packages of measures to overcome the energy crisis

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