Italy produces more longs than flats in June

Italian crude steel output hiked again in June after increasing in previous months, according to data issued by local steelmakers association Federacciai.

Last month crude steel production rose by 20.1% year-on-year to 2.1 million tonnes, Kallanish notes. Output also hiked significantly in the first half of the year, by 26% on-year to 12.7mt.

Italian flat steel production rose only slightly in June, by 2% to 927,000t, and by 13.3% to 5.6mt in the first six months of the year.

Longs output jumped last month, by 28.2% to 1.3mt, and by as much as 36.8% to 7.1mt in January-June, Federacciai says.

Natalia Capra France