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According to data from the European Steel Association (EUROFER), EU steel exports fell by 12% year-on-year in 2025. JFS A3041 JNC340H Automotive steel strip, Key export markets included the UK, the US, Turkey, Switzerland, and India, which collectively accounted for 59% of finished steel exports. Notably, exports to Algeria rose by 39% year-on-year, while exports to the UK increased by 5%, and those to India and Switzerland saw slight growth of 1% each.
By product category, exports of flat products declined across the board, with cold-rolled sheet falling by 20% and heavy plate by 11%. JFS A3041 JNC340H Automotive steel strip, In the long products segment, exports of rebar dropped by 35%, wire rod by 25%, sections by 15%, and merchant bars by 9%.
In terms of trade, the EU's steel trade deficit has widened significantly. For 2025, the average monthly deficit for steel products (including semi-finished goods) is projected at approximately 2 million tonnes, up from 1.4 million tonnes in 2024; the average monthly deficit for finished steel products has risen to 1.2 million tonnes, comprising a deficit of about 1.1 million tonnes for flat products and approximately 156,000 tonnes for long products. JFS A3041 JNC340H Automotive steel strip, In 2024, the average monthly deficit for finished steel products stood at around 890,000 tonnes.
Regionally, the EU runs substantial trade deficits with South Korea, Turkey, Indonesia, China, Taiwan (China), India, Ukraine, and Vietnam, while maintaining trade surpluses with the United States, the United Kingdom, and Switzerland.
