Europe Steel Market (2021-2027) | Industry, Value, Forecast, Revenue, Analysis, Companies, Outlook, Trends, COVID-19 IMPACT, Share, Growth & Size

Europe Steel Market is anticipated to register growth in the coming years. Demand for steel in the European Union is expected to rebound by 13.3% year on year in 2021 after a 13% slump in 2020, the European steel association Eurofer said this week. Steel demand in the region had been on a negative trend through most of 2020, largely due to pressures resulting from Covid- 19 pandemic related restrictions across Europe, the association said in its quarterly Economic and steel market outlook, published on Wednesday February 10. Eurofer data in the report only goes up to the end of the last year’s third quarter, but it projects that steel demand in the EU will have dropped by 13% year on year in 2020 overall, to about 136 million tonnes- down from 154 million tonnes in 2019, which was itself the worst year for the EU in terms of steel consumption since 2012. However, Eurofer expects the steel market recovery that began towards the end of the 2020 third quarter to continue through 2021. This year, apparent steel demand in the EU is expected to rebound by 13.3% from 2020 levels (to about 154 million tonnes) and then continue to grow, by another 3.4% through 2022, it said. And generally, steel market participants see 2021 as a year of recovery for the industry. The first quarter of 2021 started on a positive note, with prices recovering and capacities bought back. It will be resurrection year, because 2020 was a nightmare and probably one of the worst in history, a trader told Fast markets. A strong performance in the key steel using sectors during 2021, will pay a key role, according to Eurofer.

According to 6Wresearch, Europe Steel Market size is anticipated to register growth during 2021-27. When we observe the European market has accounted for the second largest market share and is poised to register good growth during the forecast period. Germany is leading market in the region and is expected to show its dominance in the coming year as well. Besides, we see increased spending on infrastructure construction in central Europe which is likely to add to the regional market growth of structural steel. Renovation of residential structures is anticipated to create several opportunities for structural steel vendors in Europe. The rise within the construction of civic amenities and new houses under urban development programs will fuel the steel market price. Major players involved in the steel market industry includes Arcelor Mittal S.A, Nitton Steel & sumitomo Metal corporation, JSW steel, Shagang Group, Shandong iron and Steel Group, Tata steel (TISCO), Wuhan iron and steel, Hyundai steel and Essar steel. The Europe structure steel market report thoroughly covers the market by products, Applications, and countries such as Germany, UK, France, Italy, Spain, Russia, Poland, Sweden, Netherlands, Belgium, Hungary, Romania, Luxembourg and the of Europe structural steel market trends, opportunies/high growth areas, and market drivers which would help the stakeholders to plan and align market strategies consistent with the present and future market dynamics. 

Accounts for roughly 9% of global crude steel production. Europe is home for some of oldest largest steel producing companies such as ArcelorMittal which produce 97.31 million tonnes in the year 2019. The production of crude steel remained stable despite shifting global market trends. Construction, automotive, and mechanical engineering are main consumer of Europe’s steel. Europe steel market segmentation-: Pre-engineered metal building, Bridge steel market, Steel pipe piles, Structural steel market, Electrical steel market. The applications of Steel market in Europe are Ports/Harbour, Construction industry, automotive industry, large electrical equipment. Product type include in steel market Quarto plate, Hot rolled wide strip, wire rod, Rebar, Merchant bar, Heavy sections, Hot dipped, Organic coted.

The Europe steel market report thoroughly covers the market by product type, distribution channels, and countries including Germany, United Kingdom, France, and Italy among other key countries. The Europe steel market outlook report provides an unbiased and detailed analysis of the on-going Europe steel market trends, opportunities high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Europe Steel Market Outlook
• Market Size of Europe Steel Market, 2020
• Forecast of Europe Steel Market, 2027
• Historical Data and Forecast of Europe Steel Revenues & Volume for the Period 2017 - 2027
• 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 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Flat Steel for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Long Steel for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Types for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Flat Steel for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Long Steel for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Types for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Flat Steel for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Long Steel for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Types for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Flat Steel for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Long Steel for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Types for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Flat Steel for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Long Steel for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Types for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Flat Steel for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Long Steel for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Types for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Flat Steel for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Long Steel for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Types for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Flat Steel for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Long Steel for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Structural Steel for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Prestressing Steel for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Bright Steel for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Iron Steel Wire for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Ropes for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Braids for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Structural Steel for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Prestressing Steel for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Bright Steel for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Iron Steel Wire for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Ropes for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Braids for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Structural Steel for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Prestressing Steel for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Bright Steel for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Iron Steel Wire for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Ropes for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Braids for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Structural Steel for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Prestressing Steel for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Bright Steel for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Iron Steel Wire for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Ropes for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Braids for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Structural Steel for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Prestressing Steel for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Bright Steel for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Iron Steel Wire for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Ropes for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Braids for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Structural Steel for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Prestressing Steel for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Bright Steel for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Iron Steel Wire for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Ropes for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Braids for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Structural Steel for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Prestressing Steel for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Bright Steel for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Iron Steel Wire for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Ropes for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Braids for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Structural Steel for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Prestressing Steel for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Bright Steel for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Iron Steel Wire for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Ropes for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Braids for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Electrical Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Metal Products for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Domestic Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Mechanical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Europe Steel Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Electrical Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Metal Products for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Domestic Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Mechanical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Germany Steel Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Electrical Appliances for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Metal Products for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Domestic Appliances for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Mechanical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of United Kingdom Steel Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Electrical Appliances for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Metal Products for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Domestic Appliances for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Mechanical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of France Steel Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Electrical Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Metal Products for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Domestic Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Mechanical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Italy Steel Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Electrical Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Metal Products for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Domestic Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Mechanical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Russia Steel Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Electrical Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Metal Products for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Domestic Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Mechanical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Spain Steel Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Building & Construction for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Electrical Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Metal Products for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Domestic Appliances for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Mechanical Equipment for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Automotive for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Europe Steel Market Revenues & Volume By Others for the Period 2017 - 2027
• 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 

Frequently Asked Questions About the Market Study (FAQs):