metal consumption

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

The record maximum of reserves was recorded in December 2022

Apparent steel consumption expected to fall 1% in 2023

Last year, the apparent consumption of steel in the country was 13.3 million tons, after a record figure of 15.3 million tons in 2021

In 2024, according to the association's expectations, global demand for steel will increase by 1.7%

The largest drop in stainless steel production was recorded in the USA – by 14.8% y/y

Residential construction decreased by 52.8% y/y, engineering – by 59.8%, and non-residential – by 52.3%

The association predicts that the negative trends of last year will continue to influence in 2023

All major steel producers in the European Union showed a significant drop in smelting

The main decline in the consumption of steel products occurred in the construction sector

Residential construction decreased by 2.1 times, engineering construction by 2.2 times, and non-residential construction – by half

The company also built 250 containers in 4 months