Despite the growing industrialisation of the developing world, the EU remains both a leading steel producing region and a major global market for steel.
ISSB’s database includes trade data covering steel and steel-making raw materials for all of the EU28 member nations at both 6 digit HS tariff code level and the more detailed 8 digit EU CN tariff code level. In addition to having 100% coverage of EU28 nations, ISSB holds national trade data for the following significant Non-EU European countries: Serbia, Norway, Switzerland & Turkey. These four countries account for 97% of crude steel produced in Europe outside of the EU and together with our 100% EU coverage, ISSB data gives trade coverage for more than 99% of the steel produced within Europe as a whole.
Crude Steel Production
EU crude steel production continued to decline in 2016 with a deterioration of 2.5%. The decline the previous year was 1.8%. UK reported the most significant deterioration which amounted to 30%. The major producers of Germany, France and Spain all reported reductions in output, in contrast to Italy with a growth of 6%. Production in the region has been fairly flat since the economic downturn but remains substantially lower than the output recorded in the pre-recession peak year of 2007. The decline is 23%.
The World Steel Association crude steel production data for the EU28 is summarised below.
Trade in Steel
EU28 Members Trade with the Rest of the World.
ISSB can assess the EU28’s trade in steel in a number of ways. For example we can assess EU28 member states’ trade with countries outside the EU. After being a significant net importer of steel over 2006-2008, in 2009 EU imports fell significantly further than exports with the result that the EU returned again to being a net steel exporter, a position maintained through to 2014. In 2015, however, the region returned to being a net importer and this trend continued in 2016.
EU28 Members Trade with all Countries
ISSB can of course assess the trade of any EU28 members with any combination of countries.
EU28 Members Trade with Other EU Members.
ISSB can also assess the flows of steel within the EU and as an example we show below for 2014 the largest origin and destination nations for movements of steel between EU member states.
If you want to know more about the movements of steel and steel making raw materials involving European countries (both EU members and Non-EU members) please contact email@example.com or use our on-line Trade Enquiry System.