Exclusive Italy increased steel production by 8.9% m/m in May

Between January and May, the indicator grew by 4.1% y/y

Italian steelmakers increased steel production by 8.9% in May 2025 compared to the previous month to 1.96 million tons. The figure increased by 3.7% compared to the same month in 2024. This is evidenced by data from the industry association Federacciai, SteelOrbis reports.

In January-May, steel production by Italian steelmakers increased by 4.1% compared to January-May 2024 – to 9.32 million tons.

Flat products production in May increased by 9% y/y and 0.9% m/m – to 824 thousand tons, while in January-May it increased by 10.5% y/y – to 4.1 million tons. Long products output increased by 1.8% y/y and 9.1% m/m – to 1.2 million tons. In January-May, production of long products increased by 1.3% y/y – to 5.4 million tons.

As GMK Center reported earlier, in 2024, Italy decreased steel production by 5% 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% – to 1.199 million tons compared to the previous month.

Long products production for the year amounted to 11.7 million tonnes, down 0.2% compared to 2023, and flat products production amounted to 8.6 million tonnes (-9.7% y/y). Thus, long products output experienced only a slight decline, supported by increased construction activity. At the same time, weakness in the automotive and industrial sectors, as well as high volumes of competitive imports, had a negative impact on flat products.

Overall, steel production in the European Union increased by 2.6% in 2024 compared to 2023, to 129.5 million tons. Global steel production for the year amounted to 1.84 billion tons, down 0.9% year-on-year.