steel consumption - Latest news GMK Center

The director of Eurometal said that sales of rolled steel rose by 20% between January and June

The Nordic region is demonstrating interesting strategies for the survival and transformation of the steel market amid the protracted European energy crisis

Actual steel consumption this year may rise by 1.4% y/y

Stricter EU tariff-rate quotas would harm Ukraine’s wartime economy without solving Europe’s real steel-market challenges

The share of imports in the domestic market rose to 46%, compared with 38% a year earlier

Consumption of finished steel in 2026 is forecast to reach €301 million

Consumption of finished steel is set to rise to 1.43–1.45 million tonnes in 2026

Sales of finished steel are expected to rise to 1.72 million tons in 2026

Over the past five years, steel production in Finland has fallen by 17.6%, while consumption has dropped by 19%

The share of imports in the domestic market rose to 42.65%, up from 37.61% a year earlier

In 2026, steel consumption is expected to increase by approximately 3%, to 3.4 million tons

At the same time, logistics costs rose by 15–20% over the same period