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14 Jun
12:57

Italian longs consumption, trade fall in 2022: Federacciai

Italian apparent consumption of long products decreased on-year in 2022 by 6.8% to 10.1 million tonnes, or 732,000 tonnes less than in 2021, Italian steelmakers association Federacciai says in its annual report obtained by Kallanish. After the production peak seen in 2021, steelmakers’ output decreased by 9.9% last year to 11.9mt. Weak longs exports were “a driving market factor” in 2022, the association says – these decreased by 13.7% on-y…
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