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European Steel in Figures 2023
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European Steel in Figures 2023 is the fifteenth edition of the European Steel Association’s (EUROFER) statistical guide, which covers data up to 2022.
It is the second 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 2023 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. The through of the cycle reached in the last quarter of the past year was partially offset by the positive performance recorded at the beginning of 2022.
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 2023.
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Open Letter to the Heads of State and Government of the Member States of the European Union
Brussels, 08 October 2024 – The latest data disclosed by the Global Forum on Steel Excess Capacity (GFSEC), revealing a further increase in global overcapacity, require immediate, comprehensive trade actions by GFSEC like-minded countries. The impact of this destructive dynamic, distorting the global steel market and threatening thousands of jobs across Europe alone, needs to be tackled as a matter of urgency, says the European Steel Association.
Brussels, 10 September 2024 – The Draghi Report thoroughly identifies the bottlenecks to both the EU industry's decarbonisation and competitiveness. The proposed recommendations for energy-intensive industries, including on energy, trade, carbon leakage, financing and lead markets, should be integrated into the upcoming Clean Industrial Deal and implemented with concrete measures as a matter of urgency. Alignment across different policies is crucial, and should be accompanied by sector-specific initiatives to enable the transition of each industry including steel, asks the European Steel Association.