EU steel exports to the US declined in the second half of 2025, EUROFER stresses the need for a balanced deal between the EU and the US

Steel exports from the EU to the US fell by 30 percent in the second half of 2025 compared to the same period in 2024 after the introduction of 50 percent tariffs, according to new data from Eurostat, the Statistical Office of the European Union. The expansion of the US tariff regime to include steel-intensive products such as machinery and equipment is expected to further increase the impact on EU steel producers and their customers.

The European Steel Producers Association (EUROFER) said the figures highlight the need for any trade agreement between the EU and the US to be fair, balanced and enforceable.

Industry warns of further negative impact

Noting that the 30 percent reduction demonstrates the devastating effect of 50 percent tariffs on European steel, Axel Eggert, CEO of EUROFER, added that the inclusion of processed steel products would have "another huge negative impact" on both producers and European customers.

According to EUROFER, any trade agreement between the EU and the US should restore stability and predictability by ensuring mutual and enforceable tariff obligations and ensuring meaningful access of EU steel to the US market.

Upcoming discussions in the European Parliament

The data adds urgency to the discussions scheduled for February 24 in the Committee on International Trade of the European Parliament, where issues of compliance and balance in transatlantic trade relations will be discussed. Industry representatives welcomed the proposals