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Steel Market Outlook 2022 - 2026

Daily Updated Industry Statistics and Top Emerging Trends about the Steel Industry

European Steel Trends in 2022

Steel is part of Iron And Steel and includes a number of sub-sectors such as Stainless Steel and Steel Products. You may also be interested in Iron.

European steel consumption is set to reach almost 5.9 billion kilograms by 2026, growing by an average of 0.7% year on year. Since 2017, demand across the continent has risen 3.1% annually. In 2021, Italy was the top consumer of steel, with 1.7 billion kilograms. Germany, France and Spain followed in that order. Denmark saw an impressive 5.4% rise year on year since 2017, while the Czech Republic experienced a decline of 2.5% over that same period.

Top 10 countries

In 2022 major markets in the Steel Industry were:

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