[ European Steelmakers Restart 10 Million Tonnes of Capacity ]

Published: Oct 16, 2026 14:25 (GMT+8)

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The European Steel Association (EUROFER) reported on October 14, 2026, that European steelmakers successfully restarted approximately 10 million tonnes of crude steelmaking capacity throughout the year. The regional capacity restoration is backed by EUR 3.4 billion in confirmed investment decisions, which directly preserves up to 80,000 jobs across the heavy industrial value chain following the implementation of stricter EU trade measures. [SMM Iron Ore]

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