The European sold production of hot-drawn or extruded open sections of non-alloy steel, not further worked than hot-rolled, demonstrated varied performance across countries in 2023. Spain leads with 3.508 billion kilograms, despite a slight decline of 0.2%. Germany follows with 2.3026 billion kilograms, seeing a 1.1% increase. Poland showed robust growth at 3.19%, reaching 1.1244 billion kilograms, while Italy experienced a 1.13% decline. Smaller markets like Sweden, Finland, Denmark, Lithuania, and Slovenia showed minor changes, with notable declines in Denmark and Lithuania.
Future trends to watch include the impact of economic conditions and environmental regulations on production. Innovations in steel manufacturing and shifts towards sustainable practices may influence production levels in the coming years. Monitoring trade dynamics within Europe and global demand fluctuations will be crucial for understanding future production landscapes in this sector.
Top countries in Sold Production of Hot-Drawn or Extruded Open Sections of Non Alloy Steel (Not Further Worked than Hot Rolled) by Country
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 3,508,000,000 | 2023 | +2.7% | -0.2% | View data |
| 2 | 2 Germany | 2,302,600,000 | 2023 | +0.083% | +1.1% | View data |
| 3 | 3 Poland | 1,124,400,000 | 2023 | +3.85% | +3.19% | View data |
| 4 | 4 Italy | 1,091,100,000 | 2023 | -0.19% | -1.13% | View data |
| 5 | 5 Sweden | 2,475,700 | 2023 | +5.06% | View data | |
| 6 | 6 Finland | 941,420 | 2023 | +12.71% | View data | |
| 7 | 7 Denmark | 231,470 | 2023 | +10.85% | -4.05% | View data |
| 8 | 8 Lithuania | 39,620 | 2023 | +0.02% | -23.64% | View data |
| 9 | 9 Slovenia | 15,470 | 2023 | +6.81% | +0.95% | View data |
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