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European Steel in Figures 2022
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European Steel in Figures 2022 is the fourteenth edition of the European Steel Association’s (EUROFER) statistical guide, which covers data up to 2021.
It is the first edition that takes fully into account the departure of the United Kingdom from the EU and its internal market. From now on, all aggregated data for the EU refer exclusively to EU27, and historical datasets have been adapted accordingly.
The numbers presented in the 2022 edition identify the main trends of the past year through data, and reflect both the new reality post Brexit and the consequences of the pandemic. In particular, they show the strong rebound experienced in the aftermath of restrictive COVID measures and the progressive slowdown of the recovery due to increasing supply chain disruptions, soaring energy prices and shortages of raw materials occurred in the second half of 2021.
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 2022.
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Brussels, 25 June 2024 – The EU decision to continue the steel safeguard for another two-year period is a much-needed step towards ensuring the stability of the steel market amidst the highest levels of import penetration ever recorded in the EU. However, as global excess capacity is projected to increase even further in the coming years, a longer-term solution needs to be developed to address this structural challenge, says the European Steel Association.
Joint Statement
The existential threat posed by worsening non-market excess capacity cannot be ignored.