European steel production in 2025 will be at an all-time low, according to a new report by the European Steel Association (EUROFER) published on Monday 16 March.
While the European steel market is showing signs of growth, “the sector’s outlook is clouded by imports having gained a record share of the EU market, falling European production, volatile energy prices and rising trade tensions”.
Persistently weak demand has forced the European steel industry to cut production and...