Steel Production in European Union increased to 14453 Thousand Tonnes in May from 14064 Thousand Tonnes in April of 2019. Steel Production in European Union averaged 13654.56 Thousand Tonnes from 1990 until 2019, reaching an all time high of 19178 Thousand Tonnes in March of 2007 and a record low of 8457 Thousand Tonnes in December of 1992.
Steel Production in European Union is expected to be 14500.00 Thousand Tonnes by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Steel Production in European Union to stand at 14000.00 in 12 months time. In the long-term, the European Union Steel Production is projected to trend around 14200.00 Thousand Tonnes in 2020, according to our econometric models.