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European Steel in Figures 2019
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European Steel in Figures 2019 is the European Steel Association’s (EUROFER) statistical handbook. It shows a sector at the tail end of a period of growth, during which employment had started to recover and demand for steel had risen steadily.
However, it paints a picture of an industry besieged by rising imports, up 12% over the year because of external factors. This will have an impact on future employment figures, but for 2018 as a year there was a rise, returning the sector to the 330,000 direct jobs it had in 2014-2015. Total employment – jobs directly or indirectly, or induced by the sector – now stands at 2.6 million. Total Gross Value Added is €148 billion.
This new European Steel in Figures 2019 guide is also the first to have a trade map, showing imports and exports from the EU in an easy-to-understand way, breaking down previously hard to read figures. Additionally, the sustainability section of the guide has been doubled in size, now including detailed information on slag production by the steel industry and its use by other downstream sectors.
All these statistics help give an overview of the European steel industry today. Awareness of the employment, production, demand and trade challenges that face the sector ensure a greater understanding of our strategically important sector.
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A snapshot of Europe’s steel industry in motion, with EUROFER at the forefront in a time of policy shifts and global uncertainty
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.
Second quarter 2025 report. Data up to, and including, fourth quarter 2024