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Steel production in Italy continues to grow

Europe / Ferrous metallurgy
Italy's crude steel production increased again in October after rising sharply the previous month
Steel production in Italy continues to grow

Crude steel production in Italy increased again in October after a sharp increase in previous months, the industry association Federacciai said in a statement obtained by Kallanish.

According to Federacciai, production in October increased by 2.2% year-on-year to 1.9 million tons. The volume of production in the first ten months of this year also increased by 3.1% year-on-year to 17.5 million tons.

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"The production of long-length hot-rolled products continues to grow while the production of flat rolled products decreased over the month although there is still a general increase in both categories since the beginning of the year," says Federacci.

Production of flat rolled products decreased by 2.6% to 779,000 tons in October, but increased by 4.7% to 7.5 million tons in January-October. Meanwhile, the volume of long-rolled products increased by 11.6% in October to 1.2 million tons and by 4.4% to 10.4 million tons in January-October.

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This year, only in February and June, there was a slight overall decline in production.

In recent years, Italian production has decreased by 5% year-on-year in 2024 to 19.9 million tons, by 2.5% in 2023 to 21 million tons and by 11.5% in 2022 to 21.6 million tons.

Natalia Capra France

Kallanish.com

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