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Europe Mining Steel Industry Market: Focus on End-User Application, Production Methodology, End Products, and Country - Analysis and Forecast, 2025-2035

Publisher BIS Research
Published Jun 25, 2025
Length 123 Pages
SKU # BIS20118868

Description

Introduction to Europe Mining Steel Industry Market

The Europe mining steel industry market was valued at $124.2 billion in 2024 and is projected to grow at a CAGR of 5.17%, reaching $217.6 billion by 2035. The steel market in Europe is expanding steadily due to increased demand from important industries like infrastructure, automotive, and construction. The region's drive for greener manufacturing—which includes a greater use of electric arc furnaces (EAF), direct reduced iron (DRI) technology, and the incorporation of renewable energy sources—supports this trend. In order to support these developments, Europe is seeing an increase in investment in supply networks for raw materials, such as coking coal and iron ore, as well as breakthroughs in steel production techniques. Europe is well-positioned to solidify its place in the global mining and steel scene in the upcoming years as the industry quickens its shift to low-carbon and energy-efficient steelmaking.

Market Introduction

The mining and steel sector in Europe is essential to the growth of the region's infrastructure, industrial base, and shift to a low-carbon economy. The European steel market continues to be a vital component of economic activity, driven by demand from important industries like machinery, building, energy, and automobiles. Despite the region's continued reliance on imports, the mining sector guarantees a steady supply of vital raw materials including iron ore, coking coal, and key minerals.

Climate goals and environmental rules are driving a substantial transition in the business. Electric arc furnaces (EAF), hydrogen-based direct reduced iron (DRI), and circular economy techniques like steel recycling are among the sustainable production techniques that European steelmakers are progressively implementing. These initiatives are in line with EU policy frameworks that aim to improve industrial resilience and reduce carbon emissions, such as the Fit for 55 package and the Green Deal.

Automation, digitisation, and technological innovation are all contributing to increased productivity and competitiveness throughout the value chain. High energy costs, pressures from international trade, and regulatory compliance are some of the difficulties the business faces, though. Notwithstanding these obstacles, the mining and steel sector in Europe is poised for sustained expansion, bolstered by smart investments, legislative backing, and the growing need for sustainable materials.

Market Segmentation

Segmentation 1: by End-Use Application

Transportation (Automotive and Other Transportation)
Building, Construction, and Infrastructure
Consumer Goods and Appliances
Industrial Equipment and Manufacturing
Packaging
Others

Segmentation 2: by Production Methodology

Blast Furnace-Basic Oxygen Furnace (BF-BOF)
Direct Reduced Iron - Electric Arc Furnace (DRI-EAF)
Other Emerging Technologies

Segmentation 3: by End Products

Carbon Steel
Alloy Steel
Stainless Steel
High-Strength Steel
Others

Segmentation 4: by Region

Europe: Germany, France, Austria, Italy, U.K., and Rest-of-Europe

Europe Mining Steel Industry Market Trends, Drivers and Challenges

Trends

Shift toward low-carbon steel production using EAFs and hydrogen-based DRI
Increasing use of recycled steel and circular economy practices
Adoption of digital technologies like AI, automation, and IoT in mining and steel plants
Growth in demand from construction, automotive, and renewable energy sectors
Strategic partnerships and joint ventures for raw material security
Rising investment in domestic mining to reduce reliance on imports

Drivers

EU Green Deal and Fit for 55 initiative pushing for decarbonization
Strong demand for high-quality, sustainably produced steel
Government incentives and funding for green steel technologies
Growing infrastructure development and renewable energy installations
Expansion of electric vehicle production boosting advanced steel demand
Focus on resource efficiency and energy optimization in manufacturing

Challenges

High energy and operational costs compared to global competitors
Regulatory complexities around environmental and carbon compliance
Dependency on imported raw materials like iron ore and coking coal
Trade pressures due to global steel overcapacity and tariffs
Need for large-scale investment in clean production technologies
Workforce upskilling required to adapt to digital transformation

How can this report add value to an organization?

Product/Innovation Strategy:The Europe mining steel industry market is segmented based on various applications, production methodology, and end-products, which provides valuable insights. By end-use application segment includes transportation (automotive and other transportation), building, construction, and infrastructure, consumer goods and appliances, industrial equipment and manufacturing, packaging, and others. By production methodology, the market is categorized into a blast furnace-basic oxygen furnace (BF-BOF), direct reduced iron-electric arc furnace (DRI-EAF), and other emerging technologies. Lastly, the end products include carbon steel, alloy steel, stainless steel, high-strength steel, and others.

Growth/Marketing Strategy:The Europe mining steel industry market has been growing. The market offers enormous opportunities for existing and emerging market players. Some of the strategies covered in this segment are mergers and acquisitions, product launches, partnerships and collaborations, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include product development.

Competitive Strategy:The key players in the Europe mining steel industry market analyzed and profiled in the study include professionals with expertise in the mining and steel industry. Additionally, a comprehensive competitive landscape such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled in the Europe mining steel industry market have been selected based on inputs gathered from primary experts who have analyzed company coverage, product portfolio, and market penetration.

Some of the prominent names in this market are:

ArcelorMittal
thyssenkrupp AG
Salzgitter AG

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Table of Contents

123 Pages
Executive Summary Scope and Definition 1 Markets 1.1 Trends: Current and Future Impact Assessment 1.1.1 Automation in Mining and Steel Production Processes 1.1.2 Increased Demand from Emerging Markets 1.2 Supply Chain Overview 1.2.1 Value Chain Analysis 1.2.1.1 Key Iron Ore Producing Nations and Mining Capacity 1.2.1.2 Key Coking Coal Exporting Nations 1.2.2 Supply Chain Constraints 1.2.3 Pricing Analysis 1.2.4 Market Map (Stakeholder Mapping across Value Chain) 1.3 Patent Filing Trend (by Country, Company) 1.4 Market Dynamics Overview 1.4.1 Market Drivers 1.4.1.1 Urbanization and Infrastructure Growth 1.4.1.2 Public-Private Investments in Infrastructure 1.4.2 Market Restraints 1.4.2.1 Volatility in Raw Material Prices 1.4.2.2 Geopolitical and Trade Tensions 1.4.3 Market Opportunities 1.4.3.1 Growing Demand for Specialty Steel Products 1.4.3.2 Technological Innovation in Steelmaking 1.5 Steel Production Scenario 1.5.1 Production Capacity Outlook (2024-2034) 1.5.2 Regulatory Landscape 1.5.3 Stakeholder Analysis 1.5.4 Installed Capacity by Production Process (Blast Furnace-BOF and DRI-EAF) 1.5.5 Upcoming Projects and Capacity Additions (2025-2035) 1.5.6 Ongoing Investments 1.5.7 Scrap Recycling Market Overview 1.5.8 Emission Reduction Initiatives (Mining Steel Industry Transition) 1.6 Green-Steel Market Outlook 1.6.1 Market Size and Growth Forecast (2024-2034) 1.6.2 Impact of Green Steel on Conventional Steel Market 1.6.3 Challenges and Enablers for Green-Steel Adoption 1.6.4 Key Green-Steel Projects and Initiatives 2 Regions 2.1 Regional Summary 2.2 Europe 2.2.1 Markets 2.2.1.1 Key Market Participants in Europe 2.2.1.2 Driving Factors for Market Growth 2.2.1.3 Factors Challenging the Market 2.2.2 Application 2.2.3 Product 2.2.4 Mining-Steel Industry Production Scenario 2.2.5 Europe (by Country) 2.2.5.1 Germany 2.2.5.1.1 Application 2.2.5.1.2 Product 2.2.5.1.3 Installed Capacity and Production by Process 2.2.5.1.3.1 Upcoming Projects 2.2.5.1.3.2 Ongoing Investments 2.2.5.1.3.3 Scrap Recycling Overview 2.2.5.1.4 Raw Material Analysis (Iron Ore, Coking Coal, Scrap) 2.2.5.1.4.1 Consumption by Key Companies 2.2.5.1.4.2 Import Locations/Countries 2.2.5.2 France 2.2.5.2.1 Application 2.2.5.2.2 Product 2.2.5.2.3 Installed Capacity and Production by Process 2.2.5.2.3.1 Upcoming Projects 2.2.5.2.3.2 Ongoing Investments 2.2.5.2.3.3 Scrap Recycling Overview 2.2.5.2.4 Raw Material Analysis (Iron Ore, Coking Coal, Scrap) 2.2.5.2.4.1 Consumption by Key Companies 2.2.5.2.4.2 Import Locations/Countries 2.2.5.3 Austria 2.2.5.3.1 Application 2.2.5.3.2 Product 2.2.5.3.3 Installed Capacity and Production by Process 2.2.5.3.3.1 Upcoming Projects 2.2.5.3.3.2 Ongoing Investments 2.2.5.3.3.3 Scrap Recycling Overview 2.2.5.3.4 Raw Material Analysis (Iron Ore, Coking Coal, Scrap) 2.2.5.3.4.1 Consumption by Key Companies 2.2.5.3.4.2 Import Locations/Countries 2.2.5.4 Italy 2.2.5.4.1 Application 2.2.5.4.2 Product 2.2.5.4.3 Installed Capacity and Production by Process 2.2.5.4.3.1 Upcoming Projects 2.2.5.4.3.2 Ongoing Investments 2.2.5.4.3.3 Scrap Recycling Overview 2.2.5.4.4 Raw Material Analysis (Iron Ore, Coking Coal, Scrap) 2.2.5.4.4.1 Consumption by Key Companies 2.2.5.4.4.2 Import Locations/Countries 2.2.5.5 U.K. 2.2.5.5.1 Application 2.2.5.5.2 Product 2.2.5.5.3 Installed Capacity and Production by Process 2.2.5.5.3.1 Upcoming Projects 2.2.5.5.3.2 Ongoing Investments 2.2.5.5.3.3 Scrap Recycling Overview 2.2.5.5.4 Raw Material Analysis (Iron Ore, Coking Coal, Scrap) 2.2.5.5.4.1 Consumption by Key Companies 2.2.5.5.4.2 Import Locations/Countries 2.2.5.6 Rest-of-Europe 2.2.5.6.1 Application 2.2.5.6.2 Product 2.2.5.6.3 Installed Capacity and Production by Process 2.2.5.6.3.1 Upcoming Projects 2.2.5.6.3.2 Ongoing Investments 2.2.5.6.3.3 Scrap Recycling Overview 2.2.5.6.4 Raw Material Analysis (Iron Ore, Coking Coal, Scrap) 2.2.5.6.4.1 Consumption by Key Companies 2.2.5.6.4.2 Import Locations/Countries 3 Markets - Competitive Benchmarking and Company Profiles 3.1 Next Frontiers 3.2 Geographic Assessment 3.3 Company Profiles 3.3.1 ArcelorMittal 3.3.1.1 Overview 3.3.1.2 Top Products/Product Portfolio 3.3.1.3 Top Competitors 3.3.1.4 End-Use Industry 3.3.1.5 Key Personnel 3.3.1.6 Analyst View 3.3.1.7 Market Share, 2023 3.3.2 thyssenkrupp AG 3.3.2.1 Overview 3.3.2.2 Top Products/Product Portfolio 3.3.2.3 Top Competitors 3.3.2.4 End-Use Industry 3.3.2.5 Key Personnel 3.3.2.6 Analyst View 3.3.2.7 Market Share, 2023 3.3.3 Salzgitter AG 3.3.3.1 Overview 3.3.3.2 Top Products/Product Portfolio 3.3.3.3 Top Competitors 3.3.3.4 End-Use Industry 3.3.3.5 Key Personnel 3.3.3.6 Analyst View 3.3.3.7 Market Share, 2023 4 Research Methodology 4.1 Data Sources 4.1.1 Primary Data Sources 4.1.2 Secondary Data Sources 4.1.3 Data Triangulation 4.2 Market Estimation and Forecast List of Figures Figure 1: Europe Mining Steel Industry Market (by Scenario), $Billion, 2025, 2028, and 2035 Figure 2: Mining-Steel Industry Market (by Region), $Billion, 2024, 2028, and 2035 Figure 3: Europe Mining Steel Industry Market (by End-Use Application), $Billion, 2024, 2028, and 2035 Figure 4: Europe Mining Steel Industry Market (by Production Methodology), $Billion, 2024, 2028, and 2035 Figure 5: Europe Mining Steel Industry Market (by End Products), $Billion, 2024, 2028, and 2035 Figure 6: Key Events Figure 7: Cumulative Growth of Autonomous Haulage System (AHS) Trucks in Open-Pit Mining Operations, 2019-2023 Figure 8: Supply Chain Figure 9: Value Chain Figure 10: Key Iron Ore Producing Countries and their Mining Capacity, Million Tons, 2023 Figure 11: Key Coking Coal Exporting Nations, % Share, 2023 Figure 12: Pricing Analysis of the Europe Mining Steel Industry Market, $/Ton, 2024-2035 Figure 13: Stakeholder Mapping across Value Chain Figure 14: Patent Analysis (by Country), January 2022-March 2025 Figure 15: Patent Analysis (by Company), January 2022-March 2025 Figure 16: Global Population Living in Urban and Rural Areas, $Billion, 2019-2023 Figure 17: Regional Private Participation in Infrastructure, $Billion, 2022 and 2023 Figure 18: Additional Financing Included in the Bipartisan Infrastructure Law, $Billion Figure 19: Estimated Capital Expenditures for Top Six Large Steel Companies, $Billion Figure 20: Production Capacity Outlook of Europe Mining Steel Industry Market, Million Tons, 2024-2034 Figure 21: Stakeholder Analysis in the Europe Mining Steel Industry Market Figure 22: Estimated Installed Capacity by Blast Furnace-BOF Process in Different Regions, Million Tons, 2021-2024 Figure 23: Estimated Installed Capacity by DRI-EAF Process in Different Regions, Million Tons, 2021-2024 Figure 24: Estimated Steel Capacity (TTPA) by Development Status in Each Region, Million Tons, 2025 Figure 25: Steel Production Output Figure 26: Green Steel Market (by Scenario), $Billion, 2023, 2026, and 2034 Figure 27: Conventional Steel Overview Figure 28: Production Process Overview Figure 29: Companies Across the Green Steel Value Chain Figure 30: Major Steel Producers in Europe: Headquarters and 2023 Steel Production Figure 31: Estimated Crude Steel Production Capacity and Actual Crude Steel Production in Europe, Million Tons, 2021-2024 Figure 32: Germany Mining-Steel Industry Market, $Billion, 2024-2035 Figure 33: Total Crude Steel Production, Germany, Thousand Tons, 2021-2024 Figure 34: Installed Capacity and Production by BF-BAF Process, Million Tons, 2021-2024 Figure 35: Installed Capacity and Production by DRI-EAF Process, Million Tons, 2021-2024 Figure 36: External Steel Scrap Exports, Germany, 2020-2021 Figure 37: Raw Materials Import Countries/Location Figure 38: France Mining-Steel Industry Market, $Billion, 2024-2035 Figure 39: Total Crude Steel Production, France, Thousand Tons, 2021-2024 Figure 40: Installed Capacity and Production by BF-BAF Process, Million Tons, 2021-2024 Figure 41: Installed Capacity and Production by DRI-EAF Process, Million Tons, 2021-2024 Figure 42: Main Steel Scrap Export, France, Million Tons, 2020-2021 Figure 43: Raw Materials Import Countries/Location Figure 44: Austria Mining-Steel Industry Market, $Billion, 2024-2035 Figure 45: Total Crude Steel Production, Austria, Thousand Tons, 2021-2024 Figure 46: Installed Capacity and Production by BF-BAF Process, Million Tons, 2021-2024 Figure 47: Installed Capacity and Production by DRI-EAF Process, Million Tons, 2021-2024 Figure 48: Main Steel Scrap Export, Austria, Million Tons, 2020-2021 Figure 49: Raw Materials Import Countries/Location Figure 50: Italy Mining-Steel Industry Market, $Billion, 2024-2035 Figure 51: Total Crude Steel Production, Italy, Thousand Tons, 2021-2024 Figure 52: Installed Capacity and Production by BF-BAF Process, Million Tons, 2021-2024 Figure 53: Installed Capacity and Production by DRI-EAF Process, Million Tons, 2021-2024 Figure 54: Raw Materials Import Countries/Location Figure 55: U.K. Mining-Steel Industry Market, $Billion, 2024-2035 Figure 56: Total Crude Steel Production, U.K., Thousand Tons, 2021-2024 Figure 57: Installed Capacity and Production by BF-BAF Process, Million Tons, 2021-2024 Figure 58: Installed Capacity and Production by DRI-EAF Process, Million Tons, 2021-2024 Figure 59: Steel Scrap Export, U.K., Million Tons, 2020-2021 Figure 60: Raw Materials Import Countries/Location Figure 61: Rest-of-Europe Mining-Steel Industry Market, $Billion, 2024-2035 Figure 62: Installed Capacity and Production by BF-BAF Process, Million Tons, 2021-2024 Figure 63: Installed Capacity and Production by DRI-EAF Process, Million Tons, 2021-2024 Figure 64: Raw Materials Import Countries/Location Figure 65: Strategic Initiatives, January 2022-March 2025 Figure 66: Share of Strategic Initiatives, 2023 Figure 67: Data Triangulation Figure 68: Top-Down and Bottom-Up Approach Figure 69: Assumptions and Limitations List of Tables Table 1: Market Snapshot Table 2: Opportunities across Region Table 3: Competitive Landscape Snapshot Table 4: Trends Overview Table 5: Impact Analysis of Market Navigating Factors, 2024-2035 Table 6: Major Infrastructure Projects and Expected Steel Demand Increase Table 7: Regulations/Standards in the Europe Mining Steel Industry Table 8: Upcoming Projects and Capacity Additions in the Mining Steel Industry Market Table 9: World's Largest Iron Ore Producers and their Capacity Table 10: Ongoing Investments in the Europe Mining Steel Industry Market Table 11: Lifespan of Steel Products and their Recycling Rates Table 12: Recycled Steel Use in Crude Steel Production, Million Tons, 2022 Table 13: Climate Targets of Global Steel Manufacturers Table 14: Green Steelmaking Initiatives Table 15: Mining-Steel Industry Market (by Region), $Billion, 2024-2035 Table 16: Europe Mining-Steel Industry Market (by End-Use Application), $Billion, 2024-2035 Table 17: Europe Mining-Steel Industry Market (by Production Methodology), $Billion, 2024-2035 Table 18: Europe Mining-Steel Industry Market (by End Products), $Billion, 2024-2035 Table 19: Germany Mining-Steel Industry Market (by End-Use Application), $Billion, 2024-2035 Table 20: Germany Mining-Steel Industry Market (by Production Methodology), $Billion, 2024-2035 Table 21: Germany Mining-Steel Industry Market (by End Products), $Billion, 2024-2035 Table 22: List of Upcoming Projects in Germany Table 23: Investment Scenario in Germany Table 24: France Mining-Steel Industry Market (by End-Use Application), $Billion, 2024-2035 Table 25: France Mining-Steel Industry Market (by Production Methodology), $Billion, 2024-2035 Table 26: France Mining-Steel Industry Market (by End Products), $Billion, 2024-2035 Table 27: List of Upcoming Projects in France Table 28: Investment Scenario in France Table 29: Austria Mining-Steel Industry Market (by End-Use Application), $Billion, 2024-2035 Table 30: Austria Mining-Steel Industry Market (by Production Methodology), $Billion, 2024-2035 Table 31: Austria Mining-Steel Industry Market (by End Products), $Billion, 2024-2035 Table 32: List of Upcoming Projects in Austria Table 33: Investment Scenario in Austria Table 34: Italy Mining-Steel Industry Market (by End-Use Application), $Billion, 2024-2035 Table 35: Italy Mining-Steel Industry Market (by Production Methodology), $Billion, 2024-2035 Table 36: Italy Mining-Steel Industry Market (by End Products), $Billion, 2024-2035 Table 37: List of Upcoming Projects in Italy Table 38: Investment Scenario in Italy Table 39: U.K. Mining-Steel Industry Market (by End-Use Application), $Billion, 2024-2035 Table 40: U.K. Mining-Steel Industry Market (by Production Methodology), $Billion, 2024-2035 Table 41: U.K. Mining-Steel Industry Market (by End Products), $Billion, 2024-2035 Table 42: List of Upcoming Projects in U.K. Table 43: Investment Scenario in U.K. Table 44: Rest-of-Europe Mining-Steel Industry Market (by End-Use Application), $Billion, 2024-2035 Table 45: Rest-of-Europe Mining-Steel Industry Market (by Production Methodology), $Billion, 2024-2035 Table 46: Rest-of-Europe Mining-Steel Industry Market (by End Products), $Billion, 2024-2035 Table 47: List of Upcoming Projects in Rest-of-Europe Table 48: Investment Scenario in Rest-of-Europe Table 49: Market Share

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