EU steel tube output is expected to rise by 1.3% in 2026, following marginal growth of 0.1% in 2025, according to the European Steel Association’s (EUROFER) latest Economic and Steel Market Outlook 2026-2027. The sector is gradually recovering despite continued uncertainty in European manufacturing.
The recovery followed three consecutive years of decline, with output falling by 1.3% in 2022, 1.4% in 2023, and 2.4% in 2024 before stabilizing in 2025.
EUROFER forecasts further growth of 1.2% in 2027, indicating that the recovery will remain modest.