Italian steel output hikes, longs perform better

Italian crude steel production increased in January following a decline in December and full-year 2024, industry association Federacciai says in a note obtained by Kallanish.

January production hiked by 2.7% on-year to almost 1.7 million tonnes.

“The behaviour of the two categories of hot rolled products shows alternating patterns: long products, primarily utilised in construction, and flat products, which find applications in the automotive sector, mechanical engineering, and household appliances,” Federacciai states.

Flat steel production declined by 1.9% to 780,000t in January, while longs output rose 2.6% to 862,000t.

Italian production fell 5% on-year in 2024 to 19.9mt. In 2023, it also declined by 2.5% on-year to 21mt. It declined by 11.5% y-o-y in 2022 to 21.6mt.

Natalia Capra France

kallanish.com