The European Basic Iron, Steel and Ferro-Alloys sector shows a diverse employment landscape in 2024. Major players include Germany with the highest employment, followed by Italy, the UK, and France. Germany, Italy, and France witnessed slight declines in employment numbers, while the UK saw an increase. Eastern European countries like Poland and Hungary experienced significant downturns. The Nordic countries showed smaller fluctuations. Over a five-year period, trends indicate an average decline in employment, except for few outliers like Austria which saw growth.
Future trends to watch include the impact of technological advancements, shifts toward green steel production, and potential recovery in Eastern Europe. Policy changes and global economic conditions will also shape workforce dynamics in the industry.
Top countries in Basic Iron, Steel and Ferro-Alloys Number of Persons Employed by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 84,050 | 2023 | -0.28% | -0.69% | View data |
| 2 | 2 Italy | 44,600 | 2023 | +0.045% | -0.094% | View data |
| 3 | 3 United Kingdom | 27,980 | 2023 | +1.63% | +1.54% | View data |
| 4 | 4 France | 25,770 | 2023 | +0.43% | -0.72% | View data |
| 5 | 5 Austria | 24,460 | 2023 | +2.65% | +1.99% | View data |
| 6 | 6 Poland | 21,230 | 2023 | -2.38% | -3.83% | View data |
| 7 | 7 Spain | 20,100 | 2023 | -2.16% | -2.61% | View data |
| 8 | 8 Czech Republic | 16,280 | 2023 | -1.86% | -1.54% | View data |
| 9 | 9 Sweden | 15,420 | 2023 | +0.19% | -1.05% | View data |
| 10 | 10 Belgium | 10,480 | 2023 | -4.39% | -3.56% | View data |
