Approximately 100,000 jobs have been lost over time in the European steel industry.
Industry & EmploymentEuropean Union
- Omissions
- The MEP does not specify the timeframe over which the job losses occurred. All sources consistently anchor the figure to a period of approximately 15 years, since the 2007–2008 global financial crisis.
- Sources use the qualifier 'nearly' 100,000 rather than an exact figure; the European Commission's press release gives a range whose upper bound is 100,000 (since 2007).
- The claim omits that the European steel industry still employed approximately 300,000 people as of 2024–2025, which provides important context for the scale of losses.
- Sources
- PrimaryEuropean Commission – Press CornerIn 2024, the capacity utilisation rate reached 67% and some 9,000–100,000 jobs have been lost since 2007.
- SecondaryEurofer – European Steel AssociationNearly 100,000 steel jobs have already been lost in the past 15 years, with more cuts looming now due to unprecedented challenges.
- SecondaryFrance24The steel sector employs around 300,000 people in Europe, and nearly 100,000 jobs have been lost in the past 15 years, the industry says.
- SecondaryIndustriAll EuropeOnly last year 18,000 layoffs were announced with a record 12 million tonnes of capacity closures, adding to the 100,000 job losses and 26 million tonnes of capacity closures since 2008.