Изложения в France за Металообработваща промишленост

Филтър
Индустрия
Държава
Град
Дата
Индустрия
Държава
Град

France has always had a strong metalworking industry, though odds are the iron and steel sector will have a challenging 2024. Despite being valued at €16.1 billion, the sector has seen a steady decline over the past five years, shrinking at a compound annual growth rate (CAGR) of 5.7% between 2019 and 2024. This decline reflects broader economic and regulatory pressures, among which are lower steel prices and stringent environmental standards that have significantly raised operational costs. The industry’s impact reaches across multiple sectors. Steel products are vital for the automotive, construction, machinery, and equipment industries, making the health of France’s iron and steel manufacturing essential for economic stability and growth. However, the sector’s struggles to turn a profit due to regulatory expenses and fluctuating raw material prices have left many businesses, from large corporations to smaller manufacturers, grappling with increased costs and decreased revenues. Despite these challenges, the number of companies operating in France’s iron and steel manufacturing industry has still increased, with 331 businesses in 2024, growing at a CAGR of 1.3% since 2019. Environmental regulations present a significant burden for France’s metalworking industry. France, like other European nations, has made a pledge to reduce industrial carbon emissions, and iron and steel manufacturers are among the most heavily regulated. Meeting these standards requires costly adjustments, including modernising equipment and investing in low-emission technologies. The need to adopt sustainable practices has increased production expenses, making it difficult for smaller companies to compete. Leading industry players, such as ArcelorMittal SA and Voestalpine AG, control a substantial share of the market and have the resources to invest in sustainability initiatives. ArcelorMittal SA, the company with the largest market share, has maintained a competitive advantage by leveraging economies of scale and innovating in environmental practices.

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