Europe Steel Market (Production, Imports & Exports) Report with Potential Impact of COVID-19 (2022-2026)
The European steel market is expected to reach US$99.4 billion in 2026, at a negative CAGR of 3.03%, for the duration spanning 2022-2026. The factors such as growth in automotive production, rising use of major home appliances, Upsurge in construction & heavy equipment sales, accelerating demand for finished steel products. and rapid urbanization would generate the market value. However, rising penetration of electric vehicles and steel price volatility are the challenges faced by the market. A few notable trends may include emerging role of steel in renewable energy sector, high consumption of electric steel in transformers & motors and adoption of green steel.
The steel market is highly concentrated to a few large players, as the importance of scale economies favours concentration to larger companies. However, as the steel market remains highly cyclical, it is subject to intense competition. The main challenges that steelmakers face include: volatility, shifting demand centers, complex supply chains, productivity and cost efficiency. The market is also affected by general economic conditions and end-use markets, including the automotive, appliance, construction and energy industries. As these industries experience a downturn, the steel market usually follows their trend.
The key players such as ArcelorMittal, Thyssenkrupp, Salzgitter AG, Acerinox, Aperam and Tata Steel Europe has contributed significantly to the Europe steel industry. However, with the rising focus on imported steel, international players are likely to establish their footprints in the Europe steel market in coming years.
Scope of the report:
The report provides a comprehensive analysis of the Europe steel market.
The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
The competitive landscape of the market, along with the company profiles of leading players (ArcelorMittal, Thyssenkrupp, Salzgitter AG, Acerinox, Aperam and Tata Steel Europe) are also presented in detail.
Key Target Audience:
Steel Manufacturers
Scrap Steel Providers
Finished Steel Producers
Raw Material Suppliers
End Users (Automotive Industry, Construction Industry, Domestic Appliances Market and Others)
Investment Banks
Government Bodies & Regulating Authorities
- 1. Overview
- 1.1 Introduction
- 1.2 Major Types of Steel
- Table 1: Major Types of Steel
- 1.3 Different Grading System of Steel
- Table 2: Different Grading System of Steel
- 1.4 Application of Steel by End-Uses
- Table 3: Application of Steel by End-Uses
- 1.5 Fundamental Forces for Shaping Steel Industry Dynamics
- Table 4: Fundamental Forces for Shaping Steel Industry Dynamics
- 1.6 Steel Mine-to-Market Value Chain
- Table 5: Steel Mine-to-Market Value Chain
- 2. Impact of COVID-19
- 2.1 Decline in Steel Production
- Table 6: Europe Monthly Steel Production (2020)
- 2.2 Downfall in Steel Consumption Growth Rate
- Table 7: European Union-28 Apparent Steel Consumption Growth Rate
- 2.3 Impact on Scrap Usage
- Table 8: European Scrap Consumption Growth Rate (2019-2020)
- 3. Europe Market Analysis
- 3.1 Europe Steel Market by Value
- Table 9: Europe Steel Market by Value (2017-2021)
- 3.2 Europe Steel Market Forecast by Value
- Table 10: Europe Steel Market Forecast by Value (2022-2026)
- 3.3 Europe Steel Market by Regions
- Table 11: Europe Steel Market by Regions (2021)
- 3.4 Europe Crude Steel Production
- Table 12: Europe Crude Steel Production (2016-2021)
- 3.5 Europe Crude Steel Production by Production Route
- Table 13: Europe Crude Steel Production by Production Route (2021)
- 3.5.1 Europe Basic Oxygen Furnace Steel Production
- Table 14: Europe Basic Oxygen Furnace Steel Production (2016-2021)
- 3.5.2 Europe Electric Arc Furnace Steel Production
- Table 15: Europe Electric Arc Furnace Steel Production (2016-2021)
- 3.6 Europe Crude Steel Production by Quality
- Table 16: Europe Crude Steel Production by Quality (2021)
- 3.6.1 Europe Carbon Steel Non Alloy Productio
- Table 17: Europe Carbon Steel Non Alloy Production (2016-2021)
- 3.6.2 Europe Carbon Steel Other Alloy Production
- Table 18: Europe Carbon Steel Other Alloy Production (2016-2021)
- 3.6.3 Europe Stainless Steel Production
- Table 19: Europe Stainless Steel Production (2016-2021)
- 3.7 Europe Crude Steel Production by Product
- Table 20: Europe Crude Steel Production by Product (2021)
- 3.7.1 Europe Steel Flat Products Production
- Table 21: Europe Steel Flat Products Production (2016-2021)
- 3.7.2 Europe Steel Long Products Production
- Table 22: Europe Steel Long Products Production (2016-2021)
- 3.8 Europe Finished Steel Import
- Table 23: Europe Finished Steel Import (2016-2021)
- 3.9 Europe Finished Steel Import by Products
- Table 24: Europe Finished Steel Import by Products (2021)
- 3.9.1 Europe Finished Flat Products Import
- Table 25: Europe Finished Flat Products Import (2016-2021)
- 3.9.2 Europe Finished Flat Products Import by Regions
- Table 26: Europe Finished Flat Products Import by Regions (2021)
- 3.9.3 Europe Finished Long Products Import
- Table 27: Europe Finished Long Products Import (2016-2021)
- 3.9.4 Europe Finished Long Products Import by Regions
- Table 28: Europe Finished Long Products Import by Regions (2021)
- 3.10 Europe Finished Steel Export
- Table 29: Europe Finished Steel Export (2016-2021)
- 3.11 Europe Finished Steel Export by Products
- Table 30: Europe Finished Steel Export by Products (2021)
- 3.11.1 Europe Finished Flat Products Export
- Table 31: Europe Finished Flat Products Export (2016-2021)
- 3.11.2 Europe Finished Flat Products Export by Regions
- Table 32: Europe Finished Flat Products Export by Regions (2021)
- 3.11.3 Europe Finished Long Products Export
- Table 33: Europe Finished Long Products Export (2016-2021)
- 3.11.4 Europe Finished Long Products Export by Region
- Table 34: Europe Finished Long Products Export by Region (2021)
- 4. Regional Market
- 4.1 Germany
- 4.1.1 Germany Steel Market by Value
- Table 35: Germany Steel Market by Value (2017-2021)
- 4.1.2 Germany Steel Market Forecast by Value
- Table 36: Germany Steel Market Forecast by Value (2022-2026)
- 4.1.3 Germany Crude Steel Production
- Table 37: Germany Crude Steel Production (2016-2021)
- 4.2 Italy
- 4.2.1 Italy Steel Market by Value
- Table 38: Italy Steel Market by Value (2017-2021)
- 4.2.2 Italy Steel Market Forecast by Value
- Table 39: Italy Steel Market Forecast by Value (2022-2026)
- 4.2.3 Italy Crude Steel Production
- Table 40: Italy Crude Steel Production (2016-2021)
- 4.3 France
- 4.3.1 France Steel Market by Value
- Table 41: France Steel Market by Value (2017-2021)
- 4.3.2 France Steel Market Forecast by Value
- Table 42: France Steel Market Forecast by Value (2022-2026)
- 4.3.3 France Crude Steel Production
- Table 43: France Crude Steel Production (2016-2021)
- 4.4 Spain
- 4.4.1 Spain Steel Market by Value
- Table 44: Spain Steel Market by Value (2017-2021)
- 4.4.2 Spain Steel Market Forecast by Value
- Table 45: Spain Steel Market Forecast by Value (2022-2026)
- 4.4.3 Spain Crude Steel Production
- Table 46: Spain Crude Steel Production (2016-2021)
- 4.5 The U.K.
- 4.5.1 The U.K. Steel Market by Value
- Table 47: The U.K. Steel Market by Value (2017-2021)
- 4.5.2 The U.K. Steel Market Forecast by Value
- Table 48: The U.K. Steel Market Forecast by Value (2022-2026)
- 4.5.3 The U.K. Crude Steel Production
- Table 49: The U.K. Crude Steel Production (2016-2021)
- 5. Market Dynamics
- 5.1 Growth Drivers
- 5.1.1 Growth in Automotive Production
- Table 50: Europe Light Vehicle Production (2019-2021)
- 5.1.2 Rising Use of Major Home Appliances
- Table 51: Number of Major Home Appliances Traded in Europe (2017-2021)
- 5.1.3 Upsurge in Construction & Heavy Equipment Sales
- Table 52: Europe Construction & Heavy Equipment Market (2018-2026)
- 5.1.4 Accelerating Demand for Finished Steel Products
- Table 53: European Union-28 Demand for Finished Steel Products (2020-2024)
- 5.1.5 Rapid Urbanization
- Table 54: Europe Urban Population (2017-2021)
- 5.2 Key Trends and Developments
- 5.2.1 Emerging Role of Steel in Renewable Energy Sector
- Table 55: Europe Annual Renewable Capacity Additions (2020-2024)
- 5.2.2 High Consumption of Electrical Steel in Transformers and Motors
- 5.2.3 Adoption of Green Steel
- 5.3 Challenges
- 5.3.1 Rising Penetration of Electric Vehicle
- Table 56: Number of Electric Vehicle Models in Europe (2020-2025)
- 5.3.2 Steel Price Volatility
- 6. Competitive Landscape
- 6.1 Europe Market
- 6.1.5 Europe Steel Market Volume Share by Key Players
- Table 57: Europe Steel Market Volume Share by Key Players (2021)
- 7. Company Profiles
- 7.1 ArcelorMittal
- 7.1.1 Business Overview
- 7.2 Thyssenkrupp
- 7.2.1 Business Overview
- 7.3 Salzgitter AG
- 7.3.1 Business Overview
- 7.4 Aperam
- 7.4.1 Business Overview
- 7.5 Acerinox
- 7.5.1 Business Overview
- 7.6 Tata Steel Europe
- 7.6.1 Business Overview
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