According to statistics from the Italian steelmakers' association Federacciai, Italy’s crude steel production totaled around 1.55 million tons in January this year, dropping by 14.7% compared to the same month a year ago.

During the period, the output of Italy’s flat steel products was down by 17.7% year on year to around 750,000 tons, and that of long products decreased by nearly 20% year on year to 766,000 tons.

In 2022, Italy produced a total of 21.62 million tons of crude steel, a year-on-year decrease of 11.5%. The production of flat steel products amounted to 9.55 million tons, down by 13.8% year on year; the output of long products was 12.03 million tons, dropping by 12% year on year.