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France’s steel import value dropped 11.3% YoY in January 2025.
Weaker demand and strategic buying led to reduced spending.
Reflects broader EU trends of trade caution and cost sensitivity.
In January 2025, France witnessed a sharp 11.3% year-on-year decline in the value of its steel product imports, reflecting weaker demand and cautious purchasing trends across Europe. The dip signals growing concerns among European buyers amid ongoing industrial slowdowns and fluctuating raw material prices.
According to preliminary customs data, the value of imported steel—including flat and long products—fell significantly, impacted by muted construction activity and high energy costs. Analysts suggest that buyers are taking a “wait and watch” approach amid uncertain macroeconomic signals and global trade tensions.
Additionally, low domestic consumption and surplus inventory across certain segments further contributed to the decline. While the total volume imported has not seen a massive dip, lower average prices and selective procurement strategies have kept import bills in check.
This trend also aligns with similar patterns observed in neighboring EU nations, where protectionist sentiment and sustainability goals are driving a gradual recalibration of steel trade dynamics.
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