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Events: Ironing out a Steel Action Plan for a green transition made in Europe

The European Steel Association hosts or participates in a range of events or conferences

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Events: Exhibition "Steel: at the Heart of Europe"

The European Steel Association hosts or participates in a range of events or conferences

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Events: The Future of EU Industry: Value chain Resilience or Dependence

The European Steel Association hosts or participates in a range of events or conferences

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Q2 2025 Website banner Economic Report Q2 2025

Press release: Trump’s tariffs hit steel market hard as recession and weak demand persist into 2025

Brussels, 05 June 2025 – The high level of uncertainty and major disruptions caused by the new U.S. tariffs have dealt a severe blow to recovery expectations in the steel market for 2025. Against the backdrop of broader economic resilience driven by services, industry remains weak, weighing on steel demand and consumption. Recovery is not expected before 2026, and only if positive developments emerge in the global geoeconomic outlook. According to EUROFER’s latest Economic and Steel Market Outlook, the recession in apparent steel consumption will continue in 2025 (-0.9%) for the fourth consecutive year (-1.1% in 2024), contrary to earlier forecasts of growth (+2.2%). A similar trend is expected for steel-using sectors, with another recession in 2025 (-0.5%, after -3.7% in 2024) instead of a projected recovery (+1.6%). Steel imports remained at historically high levels (27%) throughout 2024.

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Press release: U.S. 50% steel tariffs: new EU trade measure needed now to avert collapse of European market, urges EUROFER

Brussels, 4 June 2025 – With U.S. blanket tariffs now raised to 50%, the only way to avoid the further erosion of the European steel market and another blow to European steelmakers is the swift implementation of the “highly effective trade measure” promised by the European Commission in its Steel and Metals Action Plan. A negotiated solution between the EU and the U.S. is also vital to preserve EU steel exports to the U.S., warns the European Steel Association.

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Press statement: 75th anniversary of the Schuman Declaration: once again, the future of European steel will determine Europe’s future, says EUROFER

Brussels, 8 May 2025 – Seventy-five years ago, on 9 May 1950, the Schuman Declaration laid the foundation for European unity, placing coal and steel at the heart of a unique peace project that has brought unparalleled prosperity across the continent and beyond. As the EU commemorates this milestone, the fate of Europe’s steel industry will once again determine Europe’s future.

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Latest updates

You can see all the latest updates from the European Steel Association here

Page contents and site navigation

News

See all the latest news updates here

Events: Ironing out a Steel Action Plan for a green transition made in Europe

Events: Exhibition "Steel: at the Heart of Europe"

Events: The Future of EU Industry: Value chain Resilience or Dependence

Press releases

See the latest press releases here

Press release: Trump’s tariffs hit steel market hard as recession and weak demand persist into 2025

Press release: U.S. 50% steel tariffs: new EU trade measure needed now to avert collapse of European market, urges EUROFER

Press statement: 75th anniversary of the Schuman Declaration: once again, the future of European steel will determine Europe’s future, says EUROFER

Publications

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Brochure, booklet or fact-sheet: Steel flooded

Brochure, booklet or fact-sheet: European Steel in Figures 2025

Report or study: European Steel in Action 2025

Position papers

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Position paper: Resilient Wind Energy made in Europe – all components count

Position paper: EUROFER contribution: Platform on Sustainable Finance Draft Report on Activities and Technical Screening Criteria to be Updated or Included in the EU Taxonomy

Statement: The CBAM must be fixed and launched urgently

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