EUROFER: Imports of finished steel to the EU decreased by seven percent in the second quarter of 2025

According to the report Economic and Steel Market Outlook 2025-2026/Q3 2025 by the Economic Committee of the European Steel Association (EUROFER), total steel imports to the EU, including semi-finished products, decreased by three percent year-on-year in the second quarter of 2025. In the same quarter, imports of sheet steel to the EU fell by nine percent year-on-year, while imports of long steel decreased by two percent, and imports of finished steel products decreased by seven percent year-on-year.

In the second quarter, Turkey, South Korea, China, India and Ukraine were the main countries of origin of finished steel imported into the EU. The first five countries accounted for 57 percent of the EU's total finished steel imports in the first six months. Turkey became the leading exporting country to the EU with a share of 21 percent, followed by South Korea with 12 percent, China with nine percent, and Ukraine and India with eight percent each.

In April-June, imports of finished goods from Ukraine increased significantly by 44 percent, while imports from Turkey and China increased by 41 percent and 11 percent, respectively. On the other hand, imports from India, Japan, Taiwan, and South Korea decreased by 50 percent, 40 percent, 17 percent, and 16 percent, respectively.

According to the EUROFER report, imports were volatile during 2024 and 2025, following fluctuations in the previous four years. After the decline