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Photo – US steel producers do not express concern about CBAM
US steel producers do not express concern about CBAM

At the same time, analysts believe that decarbonization efforts should be global

Photo – Open trade between Ukraine and the EU will help save the economy
Open trade between Ukraine and the EU will help save the economy

In 2022, the share of the EU in the foreign trade turnover of Ukraine amounted to 55.5%

Photo – Ukraine will continue to develop logistics on the border with the EU
Ukraine will continue to develop logistics on the border with the EU

In particular, it is about the opening of new checkpoints

Photo – Consumption of steel products in the EU will decrease by 1.6% in 2023 – EUROFER
Consumption of steel products in the EU will decrease by 1.6% in 2023 – EUROFER

The association predicts that the negative trends of last year will continue to influence in 2023

Photo – Ukraine expects to continue duty-free trade with the EU until the end of 2024
Ukraine expects to continue duty-free trade with the EU until the end of 2024

The country also hopes for progress in integration into the internal market of the European Union

Photo – The EU should stimulate green investments in Europe — EUROFER
The EU should stimulate green investments in Europe — EUROFER

The gap in the cost of steel production between the EU and the US may increase to 60%

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 – The EU should develop a scheme similar to the green subsidies of the USA — ThyssenKrupp
The EU should develop a scheme similar to the green subsidies of the USA — ThyssenKrupp

Energy prices may force European companies to relocate production

Photo – The EU’s anti-dumping duties on stainless steel have hit Indonesia’s exports
The EU’s anti-dumping duties on stainless steel have hit Indonesia’s exports

Indonesia has submitted a request to the WTO for consultations on this issue

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 – EUROFER calls on the European Union to include scrap in the list of critical raw materials
EUROFER calls on the European Union to include scrap in the list of critical raw materials

A high rate of raw material exports risks jeopardizing both Europe's strategic autonomy and its climate goals

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