Exclusive Italy reduced steel production by 3.7% m/m in July

During January-July, the indicator grew by 2.8% y/y

Italian steelmakers reduced steel production by 3.7% month-on-month – to 1.73 million tons in July 2025. Compared to the same month in 2024, the figure rose by 2.2%. This is evidenced by data from the industry association Federacciai, according to SteelOrbis.

During January-July, steel production by Italian metallurgists increased by 2.8% compared to January-July 2024, to 12.84 million tons.

Flat steel production in July decreased by 1.2% y-o-y and increased by 1.7% m-o-m – to 732,000 tons, while in January-July it increased by 6.7% y-o-y to 5.6 million tons. The output of long products increased by 11.9% y-o-y and remained at the June level of 1.1 million tons. In January-July, the production of these products increased by 2% y-o-y – to 7.6 million tons.

As GMK Center reported earlier, Italy reduced its steel production by 5% in 2024 compared to 2023, to 20 million tons. 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). 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.