Italian steel output hikes again

Italian crude steel output increased again in November after rising in previous months, according to data issued by local steelmakers association Federacciai.

Last month, crude steel production rose by 6.3% year-on-year to 2.1 million tonnes, Kallanish notes. Output also hiked in the first 11 months of the year, by 22% on-year to 29.9mt.

Italian flat steel production rose by 14.5% to 1mt in November, and by 18.3% to 10.2mt in the first 11 months of the year.

Longs output also increased last month by 6.7% to 1.1mt, and rose by 23.8% to 12.7mt in January-November, Federacciai says.

Natalia Capra France