Views: 0 Author: Site Editor Publish Time: 2025-11-25 Origin: Site
In October 2025, Italian steel companies increased steel production by 2.2% compared to October 2024, to 1.99 million tons. Compared to the previous month, the figure increased by 6%. This is evidenced by data from the industry association Federacciai, SteelOrbis reports.
During January-October, steel production by Italian steelmakers increased by 3.1% compared to January-October 2024, reaching 17.26 million tons.
Flat steel production in October decreased by 2.6% compared to October last year and by 12.2% month-on-month, to 779,000 tons, while long steel production increased by 11.6% year-on-year and remained at the previous month’s level, at 1.2 million tons.
In January-October, flat steel production increased by 4.7% y/y – to 7.6 million tons, and long steel production increased by 4.4% – to 10.4 million tons.
As reported by GMK Center, Italy reduced steel production by 5% in 2024 compared to 2023, to 20 million tons. In December 2024, Italian steelmakers reduced steel production by 8.8% compared to December 2023, and by 33.4% compared to the previous month, to 1.199 million tons.
The production of long products for the year amounted to 11.7 million tons, which is 0.2% less than in 2023, and flat products – 8.6 million tons (-9.7% y/y). Thus, the production of long products experienced only a slight decline, which was facilitated by increased construction activity. At the same time, the weakness of the automotive sector and industry, as well as high volumes of competitive imports, had a negative impact on flat rolled steel production.
Overall, steel production in the European Union grew by 2.6% in 2024 compared to 2023, reaching 129.5 million tons. Global steel production for the year amounted to 1.84 billion tons, which is 0.9% less than in the same period last year.
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