Steel (Europe) prices averaged USD 721 per metric ton in April, up 6.5% from March. On 30 April, the commodity traded at USD 750 per metric ton, up 8.7% from 31 March.
Stricter steel import quotas in the EU and recovering Eurozone industrial momentum boosted prices. According to survey data, in April, manufacturing output rose at the fastest pace since March 2022, and construction activity posted the softest fall since February 2023. This came despite rising uncertainty on EU-U.S. trade policy.
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 | - | 853 | 713 | 688 | 783 | 679 | 657 | 594 | 629 | - | - | - |