The exact steel prices bring clarity to the situation in an uncertain market.
European buyers are increasingly resorting to accurate price analysis conducted by independent researchers in order to gain a competitive advantage when purchasing materials in September.
The researchers, international experts from the European Parliament, continued to communicate with market participants - most European steel producers, stockbrokers and end users suspended their activities during the summer holidays in the region. As steel buyers return to the market, data on steel prices, comments and forecasts from the European Parliament will help them navigate low demand and supply difficulties and make informed purchase decisions.
The head of the European Parliament's Price Analysis and Forecasts Department, Kay Ayub, said: "With many European steel producers suspending production for a long summer maintenance period and being more cautious about imports due to the introduction of CBAM in January 2026, supply uncertainty is starting to grow in a sector that continues to be characterized by low demand.
" There is a feeling that buyers are watching the market, trying to predict the best time to buy. Steel price data, comments and forecasts from MEPs will help them make informed purchasing decisions when the time comes. At a time when so many businesses operate with limited profits, few can afford to ignore such a rich source of independent analytical information."
The situation with low prices in the European steel market
The August issue of the magazine, conducted by MEPs, a review of European steel production showed that prices for most steel products remained stable, at a low level, or recorded a further slight decrease. The European Parliament's data on the European average showed that hot–rolled steel was the only type of flat rolled products whose prices increased slightly over the specified period - by only 0.2-0.5%. Rebar was the only high-grade product that increased in price by 1.8-3.3%.
EU factories are currently pushing for increased production amid expectations of reduced supply due to CBAM. However, demand is expected to remain low. In addition, high steel inventories and a further influx of imported materials during the customs clearance period in the fourth quarter of the EU safeguard measures – the last before the introduction of CBAM taxes from January 1, 2026 – will undermine any upward price pressures.
Ayub said: "Given that steel prices in Europe are projected to remain low until the end of the year, pressure is on steel buyers to purchase materials for