Steel in Europe
Summary
Steel in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Steel market consists of the production of crude steel in the stated country or region. Crude steel production refers to the production of the first solid steel products upon solidification of liquid steel. It includes ingots (in conventional mills) and semis (in modern mills with continuous casting facilities). Crude steel also includes liquid steel, which goes into the production of steel castings.
- The European steel market recorded revenues of $212,328.7 million in 2023, representing a compound annual growth rate (CAGR) of 4.9% between 2018 and 2023.
- Market production volumes declined with a negative CAGR of 2.4% between 2018 and 2023, reaching a total of 233,961.7 thousand tonnes in 2023.
- In 2023, the European steel market, holding 13.3% of the global share, production volume contracted due to rising energy costs and reduced demand from the automotive and construction sectors. Increased production costs, competition from cheaper imports, economic uncertainties, and supply chain disruptions also contributed to the downturn.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the steel market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the steel market in Europe
- Leading company profiles reveal details of key steel market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe steel market with five year forecasts
- What was the size of the Europe steel market by value in 2023?
- What will be the size of the Europe steel market in 2028?
- What factors are affecting the strength of competition in the Europe steel market?
- How has the market performed over the last five years?
- What are the main segments that make up Europe's steel market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Geography segmentation
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the most recent market developments?
- 8 Company Profiles
- 8.1. ThyssenKrupp AG
- 8.2. ArcelorMittal SA
- 8.3. Tata Steel Europe Ltd
- 8.4. Grupo Celsa
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Europe steel market value: $ million, 2018-23
- Table 2: Europe steel market volume: thousand tonnes, 2018-23
- Table 3: Europe steel market geography segmentation: $ million, 2023
- Table 4: Europe steel market value forecast: $ million, 2023-28
- Table 5: Europe steel market volume forecast: thousand tonnes, 2023-28
- Table 6: ThyssenKrupp AG: Key Facts
- Table 7: ThyssenKrupp AG: Annual Financial Ratios
- Table 8: ThyssenKrupp AG: Key Employees
- Table 9: ArcelorMittal SA: Key Facts
- Table 10: ArcelorMittal SA: Annual Financial Ratios
- Table 11: ArcelorMittal SA: Key Employees
- Table 12: ArcelorMittal SA: Key Employees Continued
- Table 13: Tata Steel Europe Ltd: Key Facts
- Table 14: Tata Steel Europe Ltd: Key Employees
- Table 15: Grupo Celsa: Key Facts
- Table 16: Grupo Celsa: Key Employees
- Table 17: Europe Size of Population (million), 2019-23
- Table 18: Europe Real GDP (constant 2010 prices, $ billion), 2019-23
- Table 19: Europe GDP (current prices, $ billion), 2019-23
- Table 20: Europe Inflation, 2019-23
- Table 21: Europe Consumer Price Index (absolute), 2019-23
- Table 22: Europe Exchange Rate, 2018-23
- List of Figures
- Figure 1: 220 Laboratories Inc: Deal Activity by Deal Type - Volume (2020 - YTD*2024)
- Figure 2: 220 Laboratories Inc: Private Equity and Ownership Volume and Value Trend (2020 - YTD*2024)
- Figure 3: 220 Laboratories Inc: Private Equity and Ownership Volume by Deal Type (2020 - YTD*2024)
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