Italy

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Italy increased steel production by 5.9% y/y in January

The production of graded rolled products increased by 9.9% y/y, and flat – by 5% y/y.

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Acciaierie d’Italia comes under special management

ArcelorMittal is protesting against the Italian government's decision to introduce emergency administration

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Acciaierie d’Italia produced about 3 million tons of steel in 2023

Currently, the enterprise's warehouse stocks reach 1 million tons of raw materials and finished products

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AFV Beltrame intends to invest €20 million in Romanian plants in 2024

The group also announced the acquisition of a company operating in the field of renewable energy production

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EC approves €550 million for decarbonization of Italy’s carbon-intensive sectors

The scheme is designed to support investments in the use of hydrogen in industrial processes

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CBAM and EU safeguard measures complicate the activities of the steel industry – Assofermet

Italian importers are worried about the economic consequences of the implementation of the mechanism in 2026

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Cogne Acciai Speciali acquires a controlling stake in a scrap supplier

The closing of the deal is expected in the coming months

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Acciaierie d’Italia steel mill is under threat of shutdown

According to trade unions, the company is shutting down another blast furnace at the plant in Taranto

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Italy increased imports of rolled products from third countries by 31.2% y/y in November

The export of steel products for the month decreased by 2.6% y/y

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Italy is preparing to place Acciaierie d’Italia under special administration

If the procedure is initiated, current liquidity will be guaranteed by a bridge loan of €320 million

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Italy reduced steel production by 2.5% y/y in 2023

During the year, the country's steelmakers produced 21.06 million tons of steel

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Acciaierie d’Italia came close to halting gas supplies due to debts

Italian court allows energy companies to cut off gas supplies to ADI

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