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23 Nov
09:20

Italian steel output falls on-year, but rises sequentially

Italian crude steel output fell again significantly in October after a series of declines seen since the beginning of the year, according to data issued by local steelmakers association Federacciai. Last month, crude steel production fell by 9.3% year-on-year to 2 million tonnes, and by 10.8% on-year over the first ten months of 2022 to 18.4mt, Kallanish notes. Italian flat steel production tumbled by 22% to 821,000t in October, and by 11.6% in January-October to…
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