EU Scrap Exports Up 6% in 2025 Despite Price Drop
Metal Recycling News | 2026-03-24 12:30:06
The imports of steel scrap into the EU from third countries also saw a modest increase, edging up by 1% to 4.8 million tonnes.
By Paul Ploumis
SEATTLE (Scrap Monster): The European Union (EU) recorded a notable increase in steel scrap exports during the previous year, highlighting sustained global demand despite weakening prices.
According to preliminary data released by European Statistical Office (Eurostat), the EU’s 27 member states exported 16.6 million tonnes of steel scrap to non-EU countries, marking a 6% year-on-year rise.
The imports of steel scrap into the EU from third countries also saw a modest increase, edging up by 1% to 4.8 million tonnes. As a result, the bloc maintained its position as a significant net exporter of iron and steel scrap, posting a surplus of 11.8 million tonnes over the year.
However, the region’s export revenues declined despite higher volumes. Total export value fell to €5.4 billion in 2025, compared with €5.9 billion for 15.6 million tonnes in 2024. This reflects a sharp drop in average export prices, which decreased from €376 per tonne to €325 per tonne.
The price decline aligns with broader negative trends observed in the steel scrap market, as reported in monthly industry surveys. Analysts note that softer global demand and pricing pressures continue to impact overall market value, even as shipment volumes remain strong.
POLL
What best explains the decline in EU steel scrap export value in 2025?
Frequently Asked Questions
- How did EU steel scrap exports perform in 2025?
Export volumes increased by 6% year-on-year to 16.6 million tonnes.
- Why did export revenues decline?
Revenues fell due to a sharp drop in average prices despite higher shipment volumes.
- What was the EU’s trade balance in steel scrap?
The EU remained a strong net exporter with a surplus of 11.8 million tonnes.
