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21 Sep

Italian crude steel output continues to rise

Italian crude steel output increased again in August following the hike in July. August output rose by 9.2% year-on-year to 820,000 tonnes, according to data issued by local steelmakers association Federacciai. In the first eight months of the year, however, production fell by 4.1% on-year to 14 million tonnes, Kallanish notes. Flat steel production increased significantly, by 19.1% to 473,000t last month, but fell by 4.7% to 6.3mt over January-August. Longs outpu…
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