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European Steel in Figures 2024
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European Steel in Figures 2024 is the sixteenth edition of the European Steel Association’s (EUROFER) statistical guide, which covers data up to 2023.
It is the third edition that takes fully into account the departure of the United Kingdom from the EU and its internal market. All aggregated data for the EU refer exclusively to EU27, and historical datasets have been adapted accordingly.
The numbers presented in the 2024 edition identify the main trends of the past year through data, and reflect the disruptions due to Russia's invasion of Ukraine, the consequences of the energy crises, record inflation and a slump in steel demand while imports remained at historical high levels.
We hope that our statistics will be of use for those working within and with the steel industry. We also hope that they can help guiding policymakers both at EU and national level in making the right choices when it comes to political decisions impacting the industry, such as climate, energy and trade policies.
We wish you a fruitful utilisation of European Steel in Figures 2024.
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Brussels, 02 July 2025 – The 90% climate target proposed today by the European Commission demands an unprecedented transformation of EU society and industry in just 15 years. The European steel industry is already doing its part, but a viable business case for the transition is still lacking. To enable it, the EU needs to implement the Steel and Metals Action Plan much more decisively, delivering a highly effective trade protection against global overcapacity, access to internationally competitive low carbon energy and scrap, and a watertight CBAM, says the European Steel Association.
How global overcapacity is destroying European industries
European Steel in Figures 2025 is EUROFER's statistical handbook, laying out in an easy-to-use format the key statistics and data about the performance and footprint of one of Europe's most important strategic sectors