Italy reduced steel production to an annual low in August

In August 2025, Italian steel enterprises reduced steel production to an annual low of 821 thousand tons. Compared to the previous month, the figure fell by 52.4%, but rose by 7.3% y/y. This is evidenced by data from the industry association Federacciai, SteelOrbis reports.

During January-August, steel production by Italian metallurgists increased by 3% compared to January-August 2024, to 13.66 million tons.

Flat steel production in August amounted to 289,000 tons, compared to 732,000 tons in July and 415,000 tons in August 2024, while long steel production amounted to 437,000 tons (1.1 million tons in July; 357,000 tons in August 2024). In January-August, flat steel production increased by 4% y/y – to 5.9 million tons, and long steel production increased by 2.7% – to 8 million tons.

As GMK Center reported earlier, Italy reduced its steel production by 5% year-on-year – to 20 million tons in 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). 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.