European Sold Production of Iron, Steel and Ferro-Alloys Share by Country (Kilograms)

In 2024, Germany leads the European market for iron, steel, and ferro-alloys production with a share of 30.65%, followed closely by Italy (29.53%), and Spain (10.68%). Poland and France also have notable shares at 8.84% and 4.8%, respectively. Smaller contributors include countries like Finland (2.89%), Hungary (2.7%), and Austria (2.53%). Year-on-year variations show notable increases in Belgium (99.95%), Sweden (31.52%), and Austria (12.74%), while Germany sees a decrease of 1.08%. Countries like Norway and Latvia face declines, with Norway at -5.0% and Latvia at -5.36%. Over a longer period, trends suggest a shift towards increased production in certain smaller countries while major players like Germany stabilize.

Future trends to watch include:

• Continued growth in Italy and Poland.
• Potential market withdrawal or reduced participation from countries with declining shares like Norway and Latvia.
• Investment and modernization in emerging countries such as Hungary and Slovakia to boost their shares.
• The impact of policy changes and environmental regulations on production across Europe.