Italy

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Italy reduced steel production by 5% y/y in 2024

During the year, Italian steelmakers produced 20 million tons of steel

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Italy imported 6.1 million tons of steel from third countries in January-October

Flat products accounted for the bulk of imports – 5.58 million tons

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Stellantis to invest €2 billion in Italian plants in 2025

The group confirmed its intention to expand its industrial plan in the country

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Italy reduced steel production by 7.9% m/m in November

For 11 months, Italian steelmakers have reduced production by 4.7% y/y

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Marcegaglia raises €100 million from EIB for decarbonization and innovation

The grant will support the group's €170 million investment plan

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Assofermet notes uncertainty in the steel market at the beginning of 2025

Stable low demand and complex dynamics were recorded in November

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Italian consortium intends to acquire part of the assets of Acciaierie d’Italia

The group of companies, led by Marcegaglia, is centered on plants in Novi Ligure, Racconiggia, Salerno, as well as in France

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Metinvest supports integration of Ukrainian and Italian businesses

The company plans to invest in low-carbon production in Ukraine and Europe

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Arvedi AST suspends production in Terni until the end of November

The production shutdowns are related to efforts to balance supply and demand in the stainless steel market

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Italy and Metinvest sign a declaration on the construction of a steel plant in Piombino

The new plant, worth €2.5 billion, will contribute to the decarbonization of steel production and the strengthening of economic cooperation

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Italy increased steel production by 9% m/m in October

For 10 months, Italian steelmakers have reduced production by 4.7% y/y

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Acciaierie d’Italia to build DRI plant in Taranto

According to the project, the enterprise will have a production capacity of 2.5 million tons per year

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