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European Steel in Figures 2025
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European Steel in Figures 2025 is the seventeenth edition of the European Steel Association’s (EUROFER) statistical guide, which covers data up to 2024.
It is the fourth 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 2025 edition identify the main trends of the past year through data, and reflect the 'perfect storm' hitting the European steel sector - global overcapacity, unfair trade practices, high energy prices, weak demand, economic uncertainty, decarbonisation challenges, geopolitical tensions as well as new and ongoing conflicts.
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 policy decisions - especially on trade, climate, energy, raw materials - impacting the industry, in particular regarding the implementation of the Steel and Metals Action Plan and the Clean Industrial Deal.
We wish you a fruitful utilisation of European Steel in Figures 2025.
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Brussels, 11 September 2025 – The lack of a solution for steel in the EU-U.S. trade negotiations, the ongoing unpredictability of the global geoeconomic situation, and persistently weak demand against an ever-growing global steel overcapacity are squeezing the European steel market. In 2025, the outlook points to stagnation, with potential recovery only in 2026 — conditional on improvements in the global economy and an easing of trade tensions. According to EUROFER’s latest Economic and Steel Market Outlook, another recession both in apparent steel consumption (-0.2%, revised upwards from -0.9%) and in steel-using sectors (-0.7%, revised downwards from -0.5%) is confirmed for 2025. Growth prospects are now delayed at least to 2026, with projections of a rebound for both apparent steel consumption (+3.1%) and steel-using sectors (+1.8%). However, steel imports continue to hold historically high market shares (25%) in 2025.
Third quarter 2025 report. Data up to, and including, first quarter 2025
Brussels, 10 September 2025 – Reacting to today’s State of the Union Address delivered by Commission President Ursula von der Leyen, Axel Eggert, Director General of the European Steel Association (EUROFER) said: