European Union Steel Production - Forecast

Steel Production in European Union is expected to be 14000.00 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 14500.00 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.


Forecast Data Chart
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European Union Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Industrial Production Mom -0.7 -0.6 0.4 0.3 -0.3 0.3
Manufacturing Production 1 3 3.7 3.4 3.8 3.8
Industrial Production 0.8 3 2.6 2.5 2.8 2.3
Mining Production -0.9 1.1 1.5 1.4 1.6 1.9
Steel Production 14532 14000 13800 15200 14500 14200
Business Confidence 5.6 5.4 5.1 4.6 4.9 2
Capacity Utilization 83.8 83.8 84.1 83.8 83.7 84.5
Changes In Inventories 25528 19400 14700 11800 24500 12500