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23 Nov
10:05

Italian crude steel output falls despite flats surge

Italian crude steel output decreased in October, following a series of hikes. Output fell by 4.4% year-on-year to 1.9 million tonnes, according to data issued by local steelmakers association Federacciai. In the first ten months of the year, production also fell by 3.4% on-year to 17.9mt, Kallanish notes. Flat steel production increased significantly, by 10.1% to 904,000t last month, but fell by 1.4% to 8mt over January-October. Longs output dropped by 1.4% to 1m…
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