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EU - Latest Articles GMK Center

Photo – The European Commission recommended to curtail energy support measures in the EU by the end of 2023

News Global Market EU

25 May 2023

The European Commission recommended to curtail energy support measures in the EU by the end of 2023

New measures, if needed, should be aimed at protecting vulnerable households and businesses

Photo – Construction in the European Union decreased by 1.2% y/y in March

News Global Market EU

24 May 2023

Construction in the European Union decreased by 1.2% y/y in March

Compared to February 2023, the indicator decreased by 1.9%

Photo – Producers urge EU to lift steel import safeguards

News Global Market EU

24 May 2023

Producers urge EU to lift steel import safeguards

The Italian Assofermet also made a corresponding request

Photo – EU steel distributors significantly reduced inventory levels in the first quarter

News Global Market EU

24 May 2023

EU steel distributors significantly reduced inventory levels in the first quarter

The record maximum of reserves was recorded in December 2022

Photo – The EU reduced imports of iron ore from Ukraine by 9.4% y/y in the first quarter

News Global Market EU

24 May 2023

The EU reduced imports of iron ore from Ukraine by 9.4% y/y in the first quarter

In March, deliveries of Ukrainian iron ore to EU countries increased by 42.4% m/m, but decreased by 3.1% y/y

Photo – The European Union reduced imports of pig iron from Ukraine by 27.3% y/y in the first quarter

News Global Market EU

23 May 2023

The European Union reduced imports of pig iron from Ukraine by 27.3% y/y in the first quarter

In March 2023, supplies of Ukrainian pig iron to EU countries have increased 4 times

Photo – The EU has extended anti-dumping duties on the import of thick rolled steel from China

News Global Market EU

22 May 2023

The EU has extended anti-dumping duties on the import of thick rolled steel from China

Duty rates remain at the level of 65.1%-73.7%

Photo – The green agreement between the US and the EU should affect Chinese steel production

News Global Market decarbonization

17 May 2023

The green agreement between the US and the EU should affect Chinese steel production

The negotiations are aimed at establishing barriers for products produced with high carbon emissions

Photo – Industrial production in the Eurozone fell by 4.1% m/m in March

News Global Market EU

15 May 2023

Industrial production in the Eurozone fell by 4.1% m/m in March

Compared to March 2022, industrial production in the Eurozone decreased by 1.4%, in the EU – by 1.3%

Photo – The EC improved the EU GDP growth forecast in 2023 to 1%

News Global Market EU

15 May 2023

The EC improved the EU GDP growth forecast in 2023 to 1%

EU GDP is expected to grow by 1.7% in 2024

Photo – EU steelmakers are concerned about the future availability of scrap

News Global Market EU

10 May 2023

EU steelmakers are concerned about the future availability of scrap

Demand for raw materials from European steel producers is increasing

Photo – EU importers show increased interest in Asian rolled products

News Global Market EU

10 May 2023

EU importers show increased interest in Asian rolled products

Quotas for the import of such products in the second quarter of 2023 have been exhausted by 96%

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