** U.S. Tariffs Threaten European Steel Industry **

The U.S. administration has imposed a 25% tariff on all steel imports, posing a significant risk to the European steel industry. EUROFER warns that these measures, combined with global overcapacity, could further destabilize the sector. The EU is urged to revise its steel safeguard measures to prevent market saturation and job losses.
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** Częstochowa Steelworks Under State Protection **

Poland’s Ministry of National Defense has filed a motion to acquire Częstochowa Steelworks, ensuring its strategic importance. The facility, placed under state protection in February, is undergoing revaluation before the transaction is finalized. If approved, Węglokoks is expected to manage the plant, supporting its full operational recovery.
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** EU Proposes Continued Tariff Exemptions for Ukrainian Steel **

The European Commission plans to extend tariff exemptions for Ukrainian steel imports to support its economy amid ongoing war-related disruptions. The proposal, if adopted, would allow Ukraine to maintain a vital revenue source and avoid restrictions under existing EU trade defense measures.
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** Ukraine Passes EU Screening on Free Movement of Goods **

Ukraine has successfully completed an EU screening process on free movement of goods, a key step toward full integration into the single market. This milestone enhances trade prospects by aligning Ukraine’s regulations with EU standards, facilitating easier exports.
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** Liberty Steel Strengthens Business in Galati **

Liberty Steel Group is taking financial measures to stabilize its Romanian operations in Galati. The company has initiated a restructuring process to enhance efficiency, restart production, and secure long-term sustainability. The plan aims to counteract high energy costs and market challenges.
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** EU Launches Strategic Dialogue on Steel Sector **

President Ursula von der Leyen has initiated talks with industry leaders to address the challenges faced by European steelmakers. The discussions will contribute to an upcoming Action Plan focused on sustainability, fair competition, and long-term trade policies.
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** Euro Area Inflation Drops to 2.4% **

Eurostat reports a decrease in Euro area inflation to 2.4% in February, down from 2.5% in January. The highest inflation rates remain in the services sector, while energy prices continue to decline.
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** EU Action Plan to Reduce Energy Costs **

The European Commission has unveiled an Action Plan aimed at cutting energy costs by up to €260 billion annually by 2040. The plan includes measures to enhance energy efficiency, integrate renewable sources, and stabilize prices to benefit both consumers and businesses.
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Primeore Trading (Polska) Sp. z o.o. is a trading arm of Primeore Ltd. which is responsible for handling of all international trading and trading-related operations of the group. The company is involved into operations with manganese ore, ferroalloys, coke and coal products worldwide.

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For further information please contact office.poland@primeore.eu