US Tariff Hike Slashes EU Steel Exports by 34%, Eurofer Warns
Steel News | 2026-06-04 05:46:31
EU producers shipped 3.4 million tons of steel to the U.S. in 2025, significantly lower than 4.1 million tons in 2024 and 4.7 million tons in 2017.
By Paul Ploumis
SEATTLE (Scrap Monster): According to the most recent report released by the European Steel Association (Eurofer), European Union (EU) steel exports to the U.S. have witnessed a sharp decline since Washington doubled import tariffs on steel and aluminum.
The EU steel shipments to the U.S. fell by 34% in the three quarters following the doubling of tariffs from 25% to 50%, said the industry body. The European steel exports to the U.S. totaled 1.94 million metric tons during the period. EU producers shipped 3.4 million tons of steel to the U.S. in 2025, significantly lower than 4.1 million tons in 2024 and 4.7 million tons in 2017.
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Eurofer noted that tariffs imposed on steel-containing derivative products, including washing machines, refrigerators, motorbikes, lawn mowers, and rail parts, have further reduced demand for European steel products.
In the meantime, the industry body urged both sides to fully implement the trade agreement reached last July, which proposes lower trade barriers and discussions on tariff-free steel and aluminum quotas. The U.S. should honor its commitment to work with the EU on addressing global steel overcapacity and find a solution to the ongoing trade war, said Eurofer Director General Axel Eggert.
The European Union has warned that it may be forced to suspend certain concessions if tariff rates are not reduced further by the end of the year.
POLL
What is the primary factor behind the recent decline in EU steel exports to the United States?
Frequently Asked Questions
- Why have EU steel exports to the U.S. declined?
The decline is largely attributed to the U.S. decision to double steel and aluminum import tariffs from 25% to 50%.
- How much did EU steel exports to the U.S. fall after the tariff increase?
Exports fell by 34% during the three quarters following the tariff hike, totaling 1.94 million metric tons.
- What impact have tariffs on steel-containing products had?
Tariffs on products such as washing machines, refrigerators, motorbikes, lawn mowers, and rail parts have further reduced demand for European steel.
