Italy reduced steel production by 11.8% m/m in November

In November 2025, Italian steel companies reduced steel production by 2.8% compared to November 2024, to 1.75 million tons. Compared to the previous year, the figure fell by 11.8%. This is evidenced by data from the industry association Federacciai, according to SteelOrbis.

During January-November, steel production by Italian steelmakers increased by 2.5% compared to January-November 2024, to 19.28 million tons.

Flat steel production in November decreased by 5.2% compared to November last year and by 9% month-on-month, to 709,000 tons, while long steel production increased by 7.2% year-on-year and decreased by 8.3% month-on-month, to 1.1 million tons.

In January-November, flat steel production increased by 3.8% y-o-y – to 8.3 million tons, and long steel production increased by 4.7% to 11.5 million tons.

As GMK Center reported earlier, Italy reduced its steel production by 5% compared to 2023, to 20 million tons, at the end of 2024. In December 2024, Italian metallurgists 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).

Overall, steel production in the European Union in 2024 increased by 2.6% 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.

  • Global Market

The EU reduced steel imports by 23% y/y in Q1 — EUROFER

In the first quarter of 2026, the European Union saw its total steel imports fall…

Friday June 26, 2026
  • Global Market

US Steel is investing $475 million in the modernisation of pipe production facilities in Alabama

The Board of Directors of US Steel has approved full funding for the project to…

Friday June 26, 2026
  • Global Market

Macquarie has maintained iron ore price forecast at $103/t for 2026

The Australian investment bank Macquarie expects iron ore prices to remain stable due to rising…

Friday June 26, 2026
  • Global Market

Mexico has extended anti-dumping duties on imports of steel pipes from the US

The Mexican Ministry of Economy has decided to extend anti-dumping duties on imports of welded…

Friday June 26, 2026
  • Society

Metinvest is ready to help the government scale up its housing programmes

In Gdańsk, as part of the Ukraine Recovery Conference, an investment model comprising six residential…

Friday June 26, 2026
  • Global Market

China has increased coking coal imports by 25% y/y over the past five months

In May, China imported 11.1 million tonnes of coking coal, which was 1.4% less than…

Friday June 26, 2026