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Home > European Steelmaking, 10 Million Tonnes Of Capacity Restarted: Investment Recovers, But Demand Remains Weak

European Steelmaking, 10 Million Tonnes Of Capacity Restarted: Investment Recovers, But Demand Remains Weak

15 October 2026 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

European steelmakers are restarting plants and planning investment again, but the recovery in capacity does not yet coincide with a recovery in consumption. According to EUROFER, around 10 million tonnes of annual crude steelmaking capacity restarted in 2026 and investment decisions worth at least €3.4 billion were taken. The association expects further decisions worth €2.4 […]

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