European Export of Ingots, Other Primary Forms and Long Semi-Finished Products of Non-Alloy Steel by Country

In 2024, Germany is the leading European exporter of non-alloy steel ingots with a substantial decline (-100%) from 2023. Italy and France follow, experiencing smaller declines of 10.21% and 3.85% respectively. Notably, Portugal and Sweden showed positive year-on-year growth at 5.42% and 10.67%. Conversely, significant reductions were seen in Spain (-12.66%) and Poland (-39.24%). Across the continent, smaller markets like Denmark and Estonia reported strong growth with variations of 35.15% and 48.25%, despite their relatively smaller volumes.

Future trends to watch in the European non-alloy steel export sector include:

• Possibility of recovery strategies in major markets like Germany to address the 100% decline.
• Continued growth momentum in emerging markets such as Denmark and Estonia.
• Impacts of geopolitical and economic shifts, potentially affecting trade patterns and volume distribution across countries.