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Steel (Europe) Prices

Steel (Europe) prices averaged USD 686 per metric ton in June, down 5.5% from May. On 30 June, the commodity traded at USD 665 per metric ton, down 7.0% from 30 May.

Prices fell in June as Trump raised steel import tariffs to the U.S. from 25% to 50% in early June, redirecting stock to other markets, including Europe. Fierce competition from importers, paired with a buildup of inventories, tamed prices. Additionally, soft demand hampered prices further.

This chart displays Steel (Europe) (US$/mt) from 2023 to 2025.

Hot Rolled Coil Steel EUR (prices in US$/mt, aop)

Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Hot Rolled Coil Steel EUR - - 713 688 783 679 657 594 629 712 - -

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Price forecasts and historical data for Steel (Europe).

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