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Iron & Steel Manufacturing in Europe Industry Data and Analysis
The Iron & Steel Manufacturing industry in Europe has a market size of €520.6bn in 2026 with annual revenue growth of 4.6 %. Companies in this industry produce iron and steel in blast furnaces or reprocess steel in electric arc furnaces. Iron and steel manufacturers convert pig iron, also known as crude iron, into steel and produce ferroalloys and steel products from it. They mainly produce hot- and cold-rolled flat products that are then processed by other manufacturers.
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What's included in this industry analysis
IBISWorld's research coverage on the Iron & Steel Manufacturing industry in Europe includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of February 2026.
About this industry
What's this industry report about?
The Iron & Steel Manufacturing industry in Europe operates under the industry code EU-C241. Companies in this industry produce iron and steel in blast furnaces or reprocess steel in electric arc furnaces. Iron and steel manufacturers convert pig iron, also known as crude iron, into steel and produce ferroalloys and steel products from it. They mainly produce hot- and cold-rolled flat products that are then processed by other manufacturers. Related terms covered in the Iron & Steel Manufacturing industry in Europe include ingot , electric arc furnace , ferroalloys , smelting and corrosion.
What's included in this industry?
Products and services covered in Iron & Steel Manufacturing industry in Europe include Flat products , Bar steel and Iron and steel ingots .
What companies are included in this industry?
Companies covered in the Iron & Steel Manufacturing industry in Europe include ArcelorMittal SA, Voestalpine AG and Tata Steel Ltd.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Iron & Steel Manufacturing industry in Europe.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Iron & Steel Manufacturing industry in Europe.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Iron & Steel Manufacturing industry in Europe.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Iron & Steel Manufacturing industry in Europe. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Iron & Steel Manufacturing industry in Europe. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Iron & Steel Manufacturing industry in Europe. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Iron & Steel Manufacturing industry in Europe. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Country Benchmarks
What's included in the Country Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Cafes and Coffee Shops industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Iron & Steel Manufacturing industry in Europe.
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Frequently Asked Questions
What is the market size of the Iron & Steel Manufacturing industry in Europe in 2026?
The market size of the Iron & Steel Manufacturing industry in Europe is €520.6bn in 2026.
How many businesses are there in the Iron & Steel Manufacturing industry in Europe in 2025?
There are 19,742 businesses in the Iron & Steel Manufacturing industry in Europe, which has grown at a CAGR of 6.7 % between 2020 and 2025.
Has the Iron & Steel Manufacturing industry in Europe grown or declined over the past 5 years?
The market size of the Iron & Steel Manufacturing industry in Europe has been growing at a CAGR of 7.5 % between 2020 and 2025.
What is the forecast growth of the Iron & Steel Manufacturing industry in Europe over the next 5 years?
Over the next five years, the Iron & Steel Manufacturing industry in Europe is expected to grow.
What does the Iron & Steel Manufacturing industry in Europe include?
Flat products and Bar steel are part of the Iron & Steel Manufacturing industry in Europe.
Which countries have the most businesses in the Iron & Steel Manufacturing industry in Europe?
The European country with the most businesses in the Iron & Steel Manufacturing industry is United Kingdom.
How competitive is the Iron & Steel Manufacturing industry in Europe?
The level of competition is high and increasing in the Iron & Steel Manufacturing industry in Europe.
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