According to the report of Economic and Steel Market Outlook 2025-2026/Q3 2025 of the Economic Committee of the European Steel Association (Eurofer), in the first quarter of 2025, the volume of production of steel pipes in the EU decreased by three percent in the annual calculus after a decrease by 1.8 percent in the previous Quarter.
Global demand for oil is unlikely to lead to the launch or implementation of new pipeline projects in the near future, since high geopolitical uncertainty and weak global economic prospects greatly affect investment solutions. It is expected that in the EU consumption will continue to fall during the remaining part of 2025 in accordance with the sluggish forecasts of economic growth.
at the same time, according to forecasts, the demand from the construction sector will also decrease, offering only a modest increase in production.
Eurofer, said that the production of the EU in the sector of steel, as expected, is expected to increase by 0.1 percent in 2025, revised towards the decrease compared to the previous estimate at 0.9 percent. As for 2026, the production of pipes, according to forecasts, will grow by 0.7 percent in annual calculus.
