9,612.84 TRY BIST 100 BIST 100
37.83 USD USD USD
5.24 CNY CNY CNY
40.78 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.53 TRY Interest Interest
73.74 USD Fossil Oil Fossil Oil
34.28 USD Silver Silver
5.09 USD Copper Copper
103.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,761.14 TRY Gold (gr) Gold (gr)

Italy's crude steel production increased y-o-y in August

Italy's crude steel production increased by 9.2% in August compared to the same month of the previous year.

Italy's crude steel production increased y-o-y in August

Italy's steel industry experienced a notable increase in August.

According to statistics, the country's crude steel production decreased by 53.2% in August compared to the previous month, but increased by 9.2% compared to the same month a year earlier, reaching around 820,000 tons.

Italy's output of flat steel products increased by 19% y-o-y to around 473,000 tons and that of long products by 13.5% y-o-y to 336,000 tons, driven by increasing demand in sectors such as construction and automotive.

However, despite these positive developments in August, crude steel production decreased by 53.2% compared to the previous month. The reasons for this decrease included the summer vacation season and production pauses, as well as global supply chain issues and fluctuations in raw material prices.

In the first eight months of this year, Italy produced the most crude steel in March, around 2.19 million tons. Production in August was the lowest at just 820,000 tons.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Trump’s Tariffs Took a Toll on American Manufacturers’ Finances

Friday, March 28, 2025

ArcelorMittal Industeel and EDF Renewables announced the construction of a solar plant in France

Friday, March 28, 2025

IFC's EUR 250 million financing support to Aperam for decarbonization in steel production

Wednesday, March 26, 2025

Kuwait Gains Access to Global Debt Markets After Law Amendment

Friday, March 28, 2025

China's international trade volume increased by 14% in February

Friday, March 28, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now