Italy leads European production of cold drawn bars and solid profiles of non-alloy steel with 1.8066 billion kg, significantly ahead of Germany, which ranks second with 0.72664 billion kg. Poland shows resilience with a 5.88% increase in production from 2023, while Spain and France experienced notable declines. The United Kingdom and Finland also saw decreases, reflecting broader challenges in the region. Croatia exhibited the most considerable growth at 8.74%, reflecting emerging capabilities. Overall, production trends indicate a competitive landscape, with Eastern European countries showing potential for growth compared to Western Europe, which faces declines.
Future trends to watch for include potential shifts in production capacity as Eastern European countries continue developing their steel sectors. Given their recent growth rates, these regions could play a more prominent role, driving competitive dynamics. Additionally, the sustainability agenda and transition to greener technologies might impact production costs and structure across Europe in the coming years.
Top countries in Sold Production of Cold Drawn Bars and Solid Profiles of Non Alloy Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,806,600,000 | 2023 | +6.46% | -2.66% | View data |
| 2 | 2 Germany | 726,640,000 | 2023 | +2.87% | -2.35% | View data |
| 3 | 3 Poland | 174,870,000 | 2023 | +3.98% | +5.88% | View data |
| 4 | 4 Spain | 141,410,000 | 2023 | -4.95% | -7.17% | View data |
| 5 | 5 United Kingdom | 57,362,000 | 2023 | -4.85% | -5.13% | View data |
| 6 | 6 Czechia | 28,568,000 | 2023 | |||
| 7 | 7 Bulgaria | 13,623,000 | 2023 | +3.19% | +0.037% | View data |
| 8 | 8 France | 4,168,900 | 2023 | -65.39% | -35.61% | View data |
| 9 | 9 Finland | 3,484,200 | 2023 | -9.76% | -11.07% | View data |
| 10 | 10 Sweden | 1,395,300 | 2023 | -55.74% | View data |
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