Category: Europe
Stay up to date with Europe news—covering politics, economy, and social developments across the continent.
EU to Negotiate with US on Steel Imports Quotas
EU and US to negotiate steel import quotas, aiming to ease tariffs and protect European steel industry interests.
Austria Steel Production Drops 14.3% in June Amid Energy Cost Pressures
Austria’s steel production declined 14.3% in June 2025, as high energy costs pressure competitiveness and EU demand falls.
European HRC Market Stagnates Amid Import Pressure and CBAM Concerns
European HRC prices drop 2–6% in July due to weak demand, cheap Asian imports, and looming CBAM regulations.
ArcelorMittal Confirms Suspension of DRI Plant Plans in Dunkirk
ArcelorMittal halts Dunkirk DRI plant project due to unprofitable gas and green hydrogen prices.
Gold Price Climbs 1% Amid Trade Uncertainty and US Bond Yield Decline
Gold price rises 1% as trade tensions and falling US bond yields drive investor demand for safe-haven assets.
Italy Steel Production Declines 9% in June 2025 Amid Sector Headwinds
Italy’s steel output dropped 9% in June 2025, signaling weak demand and sector pressures despite yearly gains.
Hydro Boosts Aluminum Profits in Q2 2025 Amid Market Uncertainty
Hydro reports strong Q2 2025 aluminum profits, driven by higher prices and capital discipline despite raw material…
Germany Steel Production Decline in 2025
Germany’s steel production dropped 15.4% in June 2025 amid energy costs and weak demand, hitting recession-level lows.
EU Steel Import Safeguard Consultation Sparks Debate on Future Trade Defense
EU opens consultation on steel safeguards, aiming to defend its industry from global oversupply and tariff disruptions.
Liberty Steel Exit from Belgium and Luxembourg Signals Industry Shift
Liberty Steel’s Belgium and Luxembourg plants face closure amid EU import quotas blocking new investors.
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