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Eurofer forecasts EU steel consumption growth of 1.3% in 2026

Eurofer прогнозирует рост потребления стали в ЕС на 1,3% в 2026 году
The apparent consumption of steel (taking into account total production, imports and exports of steel) in the EU countries in 2026 may grow by 1.3%, to 134 million tons, Eurofer predicts. In 2027, consumption may reach 135 million tons.

The Association notes that the growth is mainly due to the exceptionally low base of previous years, rather than a recovery in demand: even taking into account the expected growth in steel consumption in Europe, it will remain at a level significantly below the pre-pandemic level - by about 11 million tons in 2026 and 9 million tons in 2027.

In 2025, according to preliminary data from the European Steel Manufacturers Association, apparent steel consumption increased by 2.4%, to 132 million tons. The share of imports in 2025 in the EU countries amounted to 29% of total consumption, which is 2 percentage points higher than in 2024.



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