European Import of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Less than 600 Mm, Simply Hot-Rolled, Not Clad, Plated or Coated by Country

In 2023, Germany stood as the largest importer of flat-rolled products of iron or non-alloy steel under 600 mm in width, with a volume of 447.75 million kilograms, showing a modest increase of 0.71% from the previous year. Austria and France followed, with values of 230.17 million kilograms and 185.03 million kilograms, growing by 0.23% and 0.66%, respectively. Poland showed a strong annual increase of 0.85%. The Netherlands and Spain saw significant year-on-year growth, at 5.6% and 5.09% respectively, while Portugal surged by 24.77%. Norway, Finland, and the UK saw contraction, particularly the UK with a decline of 30.55%.

Looking ahead, the European flat-rolled steel market may be influenced by geopolitical factors, including trade policies within the EU and beyond. Sustainability initiatives and technological advancements could drive demand. Increased digitalization in supply chains and the push for greener technologies might shift import patterns, potentially favoring countries investing in sustainable steel production practices.