October was a negative month for the production of crude steel in Italy, with a total output of 1.928 million mt, down by 4.4 percent compared to the same month of 2022, as announced by Federacciai, the Italian federation of steel companies.
A year-on-year decrease was also recorded in the first nine months, with the total crude steel output amounting to 17.866 million mt, down by 3.4 percent year on year.
2023 |
Crude steel output |
|||
Month |
000/mt |
Y-o-y change (%) |
Year-to-date |
Y-o-y change (%) |
Jan |
1,553 |
-14.7% |
1,553 |
-14.7% |
Feb |
1,897 |
-7.3% |
3,450 |
-10.8% |
Mar |
2,189 |
3.0% |
5,639 |
-5.9% |
Apr |
1,903 |
-12.0% |
7,542 |
-7.5% |
May |
1,991 |
-9.7% |
9,533 |
-8.0% |
June |
1,910 |
0.8% |
11,443 |
-6.6% |
July |
1,754 |
9.3% |
13,197 |
-4.8% |
Aug |
785 |
4.5% |
13,982 |
-4.3% |
Sept |
1,956 |
4.4% |
15,938 |
-3.3% |
Oct |
1,928 |
-4.4% |
17,866 |
-3.4% |
Looking at the flat and long product segments, in October this year Italian production of longs amounted to 1.087 million mt, down 1.4 percent, while output of flat steel in the same month totaled 904,000 mt, increasing by 10.1 percent, both year on year.
In the January-October period, the production of longs amounted to 9.866 million mt, down 3.7 percent, while flats output came to 8.064 million mt, down 1.4 percent, both year on year.
