Italy - Latest news GMK Center

Participants of the rolled steel market do not expect demand to recover in July

Factories are resorting to raising target levels for the second time in the last month

Support for a future investor in the amount of approximately €700 million is also provided

The export of steel products for 4 months amounted to 885.4 million tons

The situation continues to affect the competitiveness of the industry

The production of rolled products increased by 22.2% m/m, and the production of flat products – by 7.1% m/m

Indicators of energy efficiency and specific CO2 emissions in the industry are better than the Central European ones

Recently, company representatives visited ADI facilities in Genoa, Novi Ligure and Taranto

Issues include the cost of energy and the availability of scrap

During this period, steel exports decreased by 11.3% y/y

The production of graded rolled products decreased by 5% y/y, and flat – by 13.7% y/y

Italy remains a stable partner and market for products of the Ukrainian agro-industrial complex and iron and steel industry