The European Seaborne Raw Materials and Steel Market Outlook to 2035
This multi-client study provides deep insight into the seaborne market for iron ore and metallurgical coal in Europe. Our research is based on a bottom up analysis of the full material flow and raw materials practices of each European integrated mill consuming seaborne iron ore and coal, combined with a forecast of the future development of the European steel market and industry (incl. expected further plant closures and transfer of their market shares to winning plants) until 2035. In total, 26 integrated iron & steel plants are included in the analysis, covering the main part of the European integrated industry and the full seaborne market for raw materials in Europe.
Key questions addressed in this study
- How much ore (sinter feed, BF/DR pellets, BF/DR lump), coal (coking, PCI) and scrap do European mills consume?
- What is the outlook for sales of finished products and production of crude steel and hot metal by European integrated steel mills?
- Which plants are expected to close and who will take over their business volumes?
- What investments are European mills making in decarbonization and what will be the impact on the type and the volumes of their raw materials requirements?
- What are the long term trends in consumption of raw materials by the various plants?
- What are the trends in (new) ore supply to the European steel industry?
- Based on all the above, what are the iron ore and coal requirements of each plant until 2035?
What one of the subscribers to the last edition says of the study:
“Comprehensive and thorough research on the European steel industry and the steelmaking raw materials market. One of a kind and a must have”
Technical Marketing Manager Rio Tinto