Tag: Top-10 European Crude steel producing countries in 2025

Lower steel output weighs on European scrap consumption: Europe’s scrap market is tightening gradually, but the trend remains closely tied to declining crude steel output. Scrap generation has stayed broadly stable at 89-103 mnt, while consumption fell from 85 mnt in CY’21 to 71 mnt in CY’23, before recovering slightly to 76 mnt in CY’24-CY’25.…