Italy

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Italy reduced steel production by 6.6% y/y in the first half of 2023

In June, Italian steelmakers reduced steel output by 0.7% y/y and 4.4% m/m

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ABS acquired an Italian scrap company

Rott-Ferr's scrap collection capacity is approximately 100,000 tons per year

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Italy has changed the conditions for scrap export

The export of this raw material is subject to the requirement to submit a corresponding declaration

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Beltrame suspends EU production lines due to high costs

The company's facilities in Italy and France are currently idle. Suspension of bar production expected in Switzerland

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The costs of Italian steelmakers for electricity may increase by 35%

The Italian government is likely to abolish the exemption from electricity transmission and distribution charges for energy-intensive industries

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Italy reduced steel production by 9.5% y/y in May

In January-May, Italian steelmakers reduced steel output by 7.9% y/y

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Italy’s visible long steel consumption in 2022 fell by 6.8% y/y

The export of graded products from Italy fell by 11.3% y/y, and the import – by 3.3% y/y

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Industry needs a European fund for the energy transition – Federacciai

Italian industry has to compete in conditions of support for its industries from Germany and France

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Duferco will start production at a new beam mill in Italy in mid-June

At the end of May, a reheating furnace was put into operation at the enterprise

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Visible steel consumption in Italy in 2022 decreased by 4.5% y/y

Last year, Italian steel exports decreased by 8.4% y/y, and imports – by 2.5% y/y

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Italy reduced steel production by 12.1% y/y in April

In January-April, Italian steelmakers reduced steel output by 7.6% y/y

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The Italian Feralpi received €2.5 billion in revenue in 2022

The company's investments for 2022-2026 are planned at the level of €400 million

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