In 2024, the European Union recorded a substantial achievement in its export sector, with long products totaling 6.4 million tons [1] shipped to global markets. This milestone highlights the EU’s dominance in the manufacturing and distribution of these goods, which include bars, rods, and structural steel components essential for construction and industrial projects.
The EU’s industry has consistently adhered to stringent production standards and sustainability practices, further bolstering its appeal in international markets. Key destinations for these exports included North America, the Middle East, and Asia, with a notable increase in shipments to developing economies. These markets have accelerated their construction efforts, relying heavily on EU expertise in metallurgy and engineering to support projects ranging from urban planning to renewable energy installations.
Trade policies and partnerships within the EU have played a pivotal role in fostering export growth. The alignment of tariffs and regulatory frameworks across member states ensured a seamless supply chain, maximizing efficiency and reducing trade barriers. These policies have not only strengthened intra-European collaboration but also reinforced the region’s position as a global leader in the steel industry.
Economic analysts attribute the success of EU exports to a combination of technological advancements and strategic investments in green steel production. By integrating hydrogen-based methods and reducing carbon footprints, the EU has positioned itself as a frontrunner in the sustainable production of long products. This innovation has aligned with global trends favoring environmentally responsible solutions in construction materials.
Challenges remain, however, as geopolitical tensions and economic fluctuations could influence trade dynamics in the upcoming years. Nevertheless, industry leaders remain optimistic about the potential to sustain or even increase export volumes through continued innovation and expanding partnerships.
Sources:
[1] EU exported 6.4 million tons of long products in 2024 https://gmk.center/en/infographic/eu-exported-6-4-million-tons-of-long-products-in-2024/