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The European Steel Association hosts or participates in a range of events or conferences
The European Steel Association hosts or participates in a range of events or conferences
The European Steel Association hosts or participates in a range of events or conferences
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.
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.
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.
Second quarter 2025 report. Data up to, and including, fourth quarter 2024
How to design a watertight CBAM to protect the European steel industry from carbon leakage
Developed with the support of the Offshore Wind Foundation Alliance and European Wind Tower Association, the position paper outlines the strategic importance of wind components for Europe’s green transition and calls for targeted measures to strengthen their role within the NZIA.
Developed with the support of the Offshore Wind Foundation Alliance and European Wind Tower Association, the position paper outlines the strategic importance of wind components for Europe’s green transition and calls for targeted measures to strengthen their role within the NZIA.
EUROFER contribution
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