Italy

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Italian distributors reduced steel sales by 15% y/y in the first half of the year

The negative trend is explained by consistently low prices for products

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Biomethane will help in the decarbonization of the Italian steel industry – Federacci

Biomethane is an effective alternative fuel, according to the president of the industry association

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Italian Arvedi to supply low-emission steel to Gestamp

The agreement will also allow Gestamp to return to Arvedi scrap from the production of stamped parts

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Italian steel distributors report a weak second quarter

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

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Italian rebar producers plan to raise prices up to €400/t

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

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Italy has allocated about €1 billion for the construction of a DRI plant for Acciaierie d’Italia

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

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Italy imported 1.93 million tons of steel from third countries in January-April

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

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Federacciai and Assofond point to high energy costs in Italy

The situation continues to affect the competitiveness of the industry

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Italy increased steel production by 12.9% m/m in May

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

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Italian steel industry leads in terms of decarbonization in Europe – Federacciai

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

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India’s Steel Mont and Oman’s VGS are interested in acquiring Acciaierie d’Italia

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

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Federacciai calls for support for the Italian electrosteel sector

Issues include the cost of energy and the availability of scrap

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