Europe Steel Market (2024-2031) | Industry, Value, Forecast, Revenue, Analysis, Companies, Outlook, Trends, Share, Growth & Size

Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Types (Flat Steel, Long Steel), By Product Type (Structural Steel, Prestressing Steel, Bright Steel, Welding Wire/Rod, Iron Steel Wire, Ropes, Braids), By Applications (Building & Construction, Electrical Appliances, Metal Products, Domestic Appliances, Mechanical Equipment, Automotive, Others) And Competitive Landscape

Product Code: ETC057548 Publication Date: Feb 2021 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Europe Steel Market Size & Growth Rate

According to 6Wresearch internal database and industry insights, the Europe Steel Market Size was estimated at USD 201 billion in 2024 and is projected to reach USD 348 billion by 2031, growing at a compound annual growth rate (CAGR) of 8.8% during the forecast period 2025-2031.

Europe Steel Market Highlights

Report Name Europe Steel Market
Forecast period 2025–2031
Market Size USD 348 billion by 2031
CAGR 8.8%
Growing Sector Construction and Automotive 

Topics Covered in the Europe Steel Market Report

The Europe Steel Market report thoroughly covers the market by countries, types, product type, and applications. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.

Europe Steel Market Synopsis

Europe Steel Market is seeing modest strong growth throughout the years. Within Europe region, sectors such as construction, automotive, and manufacturing industries are expanding. The region is one of the largest producers and consumers of steel, infrastructure renovation, renewable energy projects, and industrial modernization. Developed countries such as Germany, the United Kingdom, France, and Italy are major contributors to the steel demand due to expanding construction activities, increased automobile production, and urban development projects. 

Evaluation of Growth Drivers in the Europe Steel Market

Below mentioned are some major growth factors and their impacts on the market dynamics:

Drivers Primary Segments Affected Why it matters (evidence)
Infrastructure Modernization Building & Construction Currently, infrastructure is upgrading across Europe, such as rail networks, bridges, and urban housing, are increasing demand for high-strength structural steel.
Automotive Electrification Automotive Transition towards electric vehicles (EVs) is boosting demand for advanced high-strength steels used in lightweight body frames and components.
Renewable Energy Expansion Structural Steel & Long Steel Wind and solar energy projects are developing which requires robust steel components for turbines, towers, and frameworks.
Green Steel Initiatives Flat Steel Europe Green Deal and national programs promoting carbon-neutral steel production are driving innovation and investment in flat steel manufacturing.

Europe Steel Market Size is projected to register a strong CAGR of 8.8% during the forecast period 2025-2031. This growth is mainly attributed to rapid urbanization, infrastructural modernization, and the push for decarbonization through green steel technologies. In this market, majorly automotive and renewable energy sectors are the contributing their role. Germany remains a major hub for automotive steel demand, while France and Italy are witnessing growth in construction steel consumption. Apart from this, government-funded energy transition projects are supporting the market across Europe which are promoting the use of sustainable and high-strength steel materials.

Evaluation of Restraints in the Europe Steel Market

Below mentioned are some major restraints and their influence on the market dynamics:

Restraints Primary Segments Affected What this means (evidence)
High Production Costs Flat & Long Steel Due to rising price of energy and raw material, steel production costs affect, finally profit margins impacts.
Stringent Environmental Regulations All Segments EU environmental policies and carbon taxes raise the cost of compliance for traditional steel producers.
Supply Chain Disruptions Automotive & Construction There is a major reliance on raw material imports and logistics bottlenecks impact timely steel delivery.
Overcapacity Issues Long Steel Excess production in certain countries leads to pricing pressure and reduced profitability.

Europe Steel Market Challenges

There are numbers of challenges present in the market and disrupting the Europe Steel Market Growth for example, volatility in the price of raw material, decarbonization pressures, and competition from imported low-cost steel. The industry is also controlled by the slow adoption of green steel technologies due to high investment requirements. Further, the variations of national policies across EU member states complicate the market harmonization. Another challenge is the dependency on coking coal and iron ore imports, which exposes the producers to global supply disruptions.

Europe Steel Market Trends

Some emerging trends in the Europe Steel Market which include:

  • Green Hydrogen-Based Steel Production: In Europe, steelmakers are rapidly transitioning to hydrogen-based steel manufacturing to reduce CO₂ emissions.
  • Circular Economy Integration: The focus is emphasizing on steel recycling and scrap-based production to promote resource efficiency.
  • Smart Manufacturing & Automation: AI, robotics, and IoT are implemented in steel production enhances productivity and quality control.
  • Lightweight & High-Strength Steels: Advanced high-strength steel (AHSS) is growing in demand, particularly in the automotive and aerospace sectors.
  • Expansion of Renewable Energy Applications: Utilization of steel is growing in wind turbine structures and solar farm frameworks supports demand growth.

Investment Opportunities in the Europe Steel Industry

Some lucrative opportunities are present in the Europe Steel Industry include:

  • Green Steel Technology Investments: The interest is growing in carbon-free steel manufacturing opens new investment avenues in hydrogen reduction facilities.
  • Infrastructure and Construction Boom: Major EU infrastructure projects such as NextGenerationEU plan and Smart Cities initiatives create steady steel demand.
  • Automotive Lightweighting Initiatives: EV and hybrid car manufacturers are adopting lightweight high-strength steels, creating strong demand for flat steel.
  • Digital Steel Manufacturing: Investment is growing in digital twins and automation enhances production efficiency and minimizes downtime.
  • Renewable Energy Expansion: The number of coastal wind projects is increasing across the North Sea and Baltic Sea drives long steel and structural steel demand.

Top 5 Leading Players in the Europe Steel Market

There is a comprehensive list of top companies in the market which include:

1. ArcelorMittal

Company Name ArcelorMittal
Establishment Year 2006
Headquarter Luxembourg City, Luxembourg
Official Website Click here

This company is the largest steel producer in Europe which offers a diverse range of flat and long steel products. 

2. Thyssenkrupp AG

Company Name Thyssenkrupp AG
Establishment Year 1999
Headquarter Essen, Germany
Official Website Click here

This company specializes in flat steel products, automotive-grade steels, and engineering solutions, with ongoing investment in carbon-neutral production technologies.

3. Tata Steel Europe

Company Name Tata Steel Europe
Establishment Year 1999
Headquarter London, United Kingdom
Official Website Click here

This company offers high-quality flat and long steel products serving construction, automotive, and engineering industries, focusing on sustainable manufacturing.

4. Voestalpine AG

Company Name Voestalpine AG
Establishment Year 1938
Headquarter Linz, Austria
Official Website Click here

This company provides advanced high-strength steels, structural components, and precision engineering products, leading in innovation and R&D in smart manufacturing.

5. Severstal PJSC

Company Name Severstal PJSC
Establishment Year 1955
Headquarter Cherepovets, Russia
Official Website Click here

This company is a major steel manufacturer providing hot-rolled, cold-rolled, and galvanized steel products, serving construction and mechanical equipment industries.

Government Regulations Introduced in the Europe Steel Market

Across Europe region, governments have introduced strict environmental and industrial policies in the Europe Steel Market which aim is to promote the sustainable steel production. EU Green Deal and Fit for 55 Package are some of those example of regulations which encourage the steelmakers to reduce the carbon emissions through cleaner technologies. Apart from this, Carbon Border Adjustment Mechanism (CBAM) aims to prevent carbon leakage and promote domestic eco-friendly steel. Further, the European Steel Association (EUROFER) supports policies are made for adoption of circular economy and resource-efficient steel production. There are national programs in Germany France, and Sweden are which are offering subsidies for green hydrogen steelmaking projects.

Future Insights of the Europe Steel Market

The future of the Europe Steel Market Share is expected to rise strongly with growing adoption of low-emission technologies and digital transformation. This industry is continued to grow with growing investments in green infrastructure, automotive electrification, and renewable energy projects which will continue to fuel demand for advanced steel products. Collectively, all these factors are helping Europe to be positioned as global leader in sustainable steel production by 2031, driven by innovation, automation, and policy support for decarbonization.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories:

Flat Steel to Dominate the Market – By Types

According to Vasu, Senior Research Analyst, 6Wresearch, flat Steel is expected to lead the market as it is widely used in automotive, machinery, and appliance manufacturing. This demand is supported by high consumption in construction panels, shipbuilding, and engineering applications. Long steel, on the other hand, finds strong demand in reinforcement bars and infrastructure projects.

Germany to Dominate the Market – By Countries

Germany is expected to capture the largest share of Europe Steel Market due to its robust automotive and machinery manufacturing industries. The country’s continuous investment in green steel initiatives and advanced production technologies further strengthens its position. The United Kingdom and France also contribute significantly through construction and infrastructure projects.

Structural Steel to Dominate the Market – By Product Type

Structural Steel is the most purchased product types owing to its extensive use in buildings, bridges, and infrastructure development. Its high strength, versatility, and recyclability make it preferred in modern construction projects across Europe. Prestressing steel and bright steel also show strong potential in industrial and engineering applications.

Building & Construction to Dominate the Market – By Applications

Building & Construction segment is predicted to dominate the market with large-scale urban infrastructure projects and renovation of old structures. Steel’s durability and sustainability make it ideal for residential, commercial, and industrial buildings. Automotive and mechanical equipment segments also exhibit steady growth due to the rise of EV manufacturing and automation.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Europe Steel Market Outlook
  • Market Size of Europe Steel Market, 2023
  • Forecast of Europe Steel Market, 2030
  • Historical Data and Forecast of Europe Steel Revenues & Volume for the Period 2020 - 2030
  • Europe Steel Market Trend Evolution
  • Europe Steel Market Drivers and Challenges
  • Europe Steel Price Trends
  • Europe Steel Porter's Five Forces
  • Europe Steel Industry Life Cycle
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Types for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Flat Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Long Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Types for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Flat Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Long Steel for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Types for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Flat Steel for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Long Steel for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Types for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Flat Steel for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Long Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Types for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Flat Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Long Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Types for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Flat Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Long Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Types for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Flat Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Long Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Types for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Flat Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Long Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Product Type for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Structural Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Prestressing Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Bright Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Iron Steel Wire for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Ropes for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Braids for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Product Type for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Structural Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Prestressing Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Bright Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Iron Steel Wire for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Ropes for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Braids for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Product Type for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Structural Steel for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Prestressing Steel for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Bright Steel for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Iron Steel Wire for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Ropes for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Braids for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Product Type for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Structural Steel for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Prestressing Steel for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Bright Steel for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Iron Steel Wire for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Ropes for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Braids for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Product Type for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Structural Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Prestressing Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Bright Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Iron Steel Wire for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Ropes for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Braids for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Product Type for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Structural Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Prestressing Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Bright Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Iron Steel Wire for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Ropes for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Braids for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Product Type for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Structural Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Prestressing Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Bright Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Iron Steel Wire for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Ropes for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Braids for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Product Type for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Structural Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Prestressing Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Bright Steel for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Iron Steel Wire for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Ropes for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Braids for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Applications for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Building & Construction for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Electrical Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Metal Products for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Domestic Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Mechanical Equipment for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Automotive for the Period 2020 - 2030
  • Historical Data and Forecast of Europe Steel Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Applications for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Building & Construction for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Electrical Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Metal Products for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Domestic Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Mechanical Equipment for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Automotive for the Period 2020 - 2030
  • Historical Data and Forecast of Germany Steel Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Applications for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Building & Construction for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Electrical Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Metal Products for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Domestic Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Mechanical Equipment for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Automotive for the Period 2020 - 2030
  • Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Applications for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Building & Construction for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Electrical Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Metal Products for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Domestic Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Mechanical Equipment for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Automotive for the Period 2020 - 2030
  • Historical Data and Forecast of France Steel Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Applications for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Building & Construction for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Electrical Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Metal Products for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Domestic Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Mechanical Equipment for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Automotive for the Period 2020 - 2030
  • Historical Data and Forecast of Italy Steel Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Applications for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Building & Construction for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Electrical Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Metal Products for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Domestic Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Mechanical Equipment for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Automotive for the Period 2020 - 2030
  • Historical Data and Forecast of Russia Steel Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Applications for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Building & Construction for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Electrical Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Metal Products for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Domestic Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Mechanical Equipment for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Automotive for the Period 2020 - 2030
  • Historical Data and Forecast of Spain Steel Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Applications for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Building & Construction for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Electrical Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Metal Products for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Domestic Appliances for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Mechanical Equipment for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Automotive for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Others for the Period 2020 - 2030
  • Europe Steel Market - Key Performance Indicators
  • Europe Steel Market - Import Export Trade Statistics
  • Europe Steel Market - Opportunity Assessment By Countries
  • Europe Steel Market - Opportunity Assessment By Types
  • Europe Steel Market - Opportunity Assessment By Product Type
  • Europe Steel Market - Opportunity Assessment By Applications
  • Europe Steel Market - Top Companies Market Share
  • Europe Steel Market - Top Companies Profiles
  • Europe Steel Market - Comparison of Players in Technical and Operating Parameters
  • Europe Steel Market - Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

By Type:

  • Flat Steel
  • Long Steel

By Product Type:

  • Structural Steel
  • Prestressing Steel
  • Bright Steel
  • Welding Wire/Rod
  • Iron Steel Wire
  • Ropes
  • Braids

By Application:

  • Building and Construction
  • Electrical Appliances
  • Metal Products
  • Domestic Appliances
  • Mechanical Equipment
  • Automotive
  • Others

By Countries:

  • Italy
  • Spain
  • Russia
  • France
  • Germany
  • United Kingdom
  • Rest of Europe

Europe Steel Market (2024-2031): FAQs

Europe Steel Market was estimated at USD 201 billion in 2024 and is projected to reach USD 348 billion by 2031.
Major trends include green hydrogen-based steel production, smart manufacturing, and growing demand for lightweight high-strength steels.
High production costs, strict environmental regulations, and supply chain disruptions remain the major challenges.
The market’s future is promising, driven by green steel adoption, infrastructure growth, and digital transformation across Europe.
6Wresearch actively monitors the Europe Steel Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Europe Steel Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Europe Steel Market Overview
3.1 Europe Regional Macro Economic Indicators
3.2 Europe Steel Market Revenues & Volume, 2021 & 2031F
3.3 Europe Steel Market - Industry Life Cycle
3.4 Europe Steel Market - Porter's Five Forces
3.5 Europe Steel Market Revenues & Volume Share, By Countries, 2021 & 2031F
3.6 Europe Steel Market Revenues & Volume Share, By Types, 2021 & 2031F
3.7 Europe Steel Market Revenues & Volume Share, By Product Type, 2021 & 2031F
3.8 Europe Steel Market Revenues & Volume Share, By Applications, 2021 & 2031F
4 Europe Steel Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Europe Steel Market Trends
6 Europe Steel Market, 2021 - 2031F
6.1 Europe Steel Market, Revenues & Volume, By Types, 2021 - 2031F
6.2 Europe Steel Market, Revenues & Volume, By Product Type, 2021 - 2031F
6.3 Europe Steel Market, Revenues & Volume, By Applications, 2021 - 2031F
7 Germany Steel Market, 2021 - 2031F
7.1 Germany Steel Market, Revenues & Volume, By Types, 2021 - 2031F
7.2 Germany Steel Market, Revenues & Volume, By Product Type, 2021 - 2031F
7.3 Germany Steel Market, Revenues & Volume, By Applications, 2021 - 2031F
8 United Kingdom Steel Market, 2021 - 2031F
8.1 United Kingdom Steel Market, Revenues & Volume, By Types, 2021 - 2031F
8.2 United Kingdom Steel Market, Revenues & Volume, By Product Type, 2021 - 2031F
8.3 United Kingdom Steel Market, Revenues & Volume, By Applications, 2021 - 2031F
9 France Steel Market, 2021 - 2031F
9.1 France Steel Market, Revenues & Volume, By Types, 2021 - 2031F
9.2 France Steel Market, Revenues & Volume, By Product Type, 2021 - 2031F
9.3 France Steel Market, Revenues & Volume, By Applications, 2021 - 2031F
10 Italy Steel Market, 2021 - 2031F
10.1 Italy Steel Market, Revenues & Volume, By Types, 2021 - 2031F
10.2 Italy Steel Market, Revenues & Volume, By Product Type, 2021 - 2031F
10.3 Italy Steel Market, Revenues & Volume, By Applications, 2021 - 2031F
11 Russia Steel Market, 2021 - 2031F
11.1 Russia Steel Market, Revenues & Volume, By Types, 2021 - 2031F
11.2 Russia Steel Market, Revenues & Volume, By Product Type, 2021 - 2031F
11.3 Russia Steel Market, Revenues & Volume, By Applications, 2021 - 2031F
12 Spain Steel Market, 2021 - 2031F
12.1 Spain Steel Market, Revenues & Volume, By Types, 2021 - 2031F
12.2 Spain Steel Market, Revenues & Volume, By Product Type, 2021 - 2031F
12.3 Spain Steel Market, Revenues & Volume, By Applications, 2021 - 2031F
13 Rest of Europe Steel Market, 2021 - 2031F
13.1 Rest of Europe Steel Market, Revenues & Volume, By Types, 2021 - 2031F
13.2 Rest of Europe Steel Market, Revenues & Volume, By Product Type, 2021 - 2031F
13.3 Rest of Europe Steel Market, Revenues & Volume, By Applications, 2021 - 2031F
14 Europe Steel Market Key Performance Indicators
15 Europe Steel Market - Opportunity Assessment
15.1 Europe Steel Market Opportunity Assessment, By Countries, 2021 & 2031F
15.2 Europe Steel Market Opportunity Assessment, By Types, 2021 & 2031F
15.3 Europe Steel Market Opportunity Assessment, By Product Type, 2021 & 2031F
15.4 Europe Steel Market Opportunity Assessment, By Applications, 2021 & 2031F
16 Europe Steel Market - Competitive Landscape
16.1 Europe Steel Market Revenue Share, By Companies, 2024
16.2 Europe Steel Market Competitive Benchmarking, By Operating and Technical Parameters
17 Company Profiles
18 Recommendations
19 Disclaimer
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