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.
Strasbourg, 07 October 2025 – The new trade measure presented today by the European Commission is a long-awaited proposal to forcefully defend the European steel sector, in full respect of WTO rules, from unfair imports flooding the EU market due to massive global overcapacity. The provisions unveiled by the Commission respond to the needs of the sector and represent a real lifeline for EU steelmakers and steelworkers. The European Parliament and the Council should therefore adopt it as a matter of urgency to enable its entry into force at the beginning of 2026, says the European Steel Association (EUROFER).
Brussels, 01/10/2025
With Europe’s steel industry at breaking point, industriAll Europe and the European Steel Association (EUROFER) held an emergency steel social summit to demand urgent action. Ahead of the announced Commission proposal addressing the impact of global steel excess capacity on the EU steel market, due by mid-October, the European social partners are united in calling for robust and effective trade measures. They also insist on fast and urgent implementation of the EU Steel and Metals Action Plan, especially concerning energy prices and demand. Maintaining the level of political ambition as promised in the EU Steel and Metals Action Plan is essential to restore steel’s competitiveness and save its green transition as well as steelworkers’ jobs across Europe.
Brussels, 19 September 2025 – Following today’s meeting between Commissioner for Trade Maroš Šefčovič and a delegation of European steel CEOs on the global steel crisis and the challenges facing the EU steel industry amid massive decarbonisation investments:
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.