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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, 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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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.
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
