The steel plate market is finally showing signs of recovery in 2025, following a turbulent 2024 marked by uncertain demand and sharp fluctuations. Insights from the Mercato & Dintorni webinar, hosted by Siderweb, suggest that this year could mark a turning point, laying the groundwork for a more stable rebound in 2026.
During the session, Dionisio Cotti, Head of Sales at NLMK Europe Plate Region West of Europe, shared his outlook for the sector. The first half of 2025 has seen increased commercial activity, with volume targets achieved and better performance compared to previous years.
Wind energy fuels the recovery
The market is being driven primarily by investment in renewable energy, with wind power leading the way. This positive trend is also benefiting related industries such as infrastructure and earthmoving, which are seeing renewed industrial momentum.
Automotive and mechanical engineering slow down
In contrast, the automotive industry continues to face challenges, with demand down between 25% and 30%. The decline is attributed to the complexities of the energy transition and a generational shift in mobility patterns. Mechanical engineering is also slowing, held back by weak global demand and exchange rate fluctuations.
Safeguarding European steel
Cotti also stressed the importance of safeguard measures to protect the European market from excessive imports, which could threaten the local steel industry and downstream sectors.
Looking ahead
2025 is shaping up to be a year of consolidation for the metal sheet industry, but all signs point to a full recovery in 2026. Companies that can seize the opportunities linked to the energy transition may gain a competitive edge.
Source: “Dal 2025 segnali positivi in vista di una ripresa nel 2026” (Positive signs in 2025 point to a recovery in 2026).
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