In June 2025, Italian steel companies reduced steel production by 9% compared to the previous month, to 1.78 million tons. Compared to the same month in 2024, the figure fell by 3.2%. This is evidenced by data from the industry association Federacciai, reports SteelOrbis.
During January-June, steel production by Italian steelmakers increased by 2.9% compared to January-June 2024, to 11.1 million tons.
Flat steel production in June grew by 6.6% y-o-y and fell by 12.6% m-o-m – to 720,000 tons, while in January-June it grew by 7.7% y-o-y – to 4.9 million tons. The production of long products increased by 2.3% y-o-y and decreased by 8.3% m-o-m, to 1.1 million tons. In January-June, the production of these products increased by 0.4% y-o-y, to 6.4 million tons.
As GMK Center reported earlier, Italy reduced 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 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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