Italy reduced steel production by 11.8% m/m in November

In November 2025, Italian steel companies reduced steel production by 2.8% compared to November 2024, to 1.75 million tons. Compared to the previous year, the figure fell by 11.8%. This is evidenced by data from the industry association Federacciai.

During January-November, steel production by Italian steelmakers increased by 2.5% compared to January-November 2024, to 19.28 million tons.

Flat steel production in November decreased by 5.2% compared to November last year and by 9% month-on-month, to 709,000 tons, while long steel production increased by 7.2% year-on-year and decreased by 8.3% month-on-month, to 1.1 million tons.

In January-November, flat steel production increased by 3.8% y-o-y – to 8.3 million tons, and long steel production increased by 4.7% to 11.5 million tons.

As GMK Center reported earlier, Italy reduced its steel production by 5% compared to 2023, to 20 million tons, at the end of 2024. In December 2024, Italian metallurgists reduced steel production by 8.8% compared to December 2023 and by 33.4% compared to the previous month, to 1.199 million tons.

The production of long products for the year amounted to 11.7 million tons, which is 0.2% less than in 2023, and flat products – 8.6 million tons (-9.7% y/y).

Overall, steel production in the European Union in 2024 increased by 2.6% compared to 2023, reaching 129.5 million tons. Global steel production for the year amounted to 1.84 billion tons, which is 0.9% less than in the same period last year.

Source:GMK Center