
European steel shipments to the US declined 30% between June and December 2025 compared with the same period a year earlier, according to recent Eurostat data compiled by Eurofer, the Brussels-based industry group.
The decline underscores the impact of the US’s 50% tariffs on EU steel, even after the EU and US signed a trade agreement in July 2025 agreeing a blanket 15% US tariff on EU goods. Steel was carved out of that deal and talks to ease duties remain stuck.