Forecast: Number of Persons Employed in Manufacture of Basic Iron and Steel Sector in Italy

The employment in the Italian basic iron and steel manufacturing sector is forecasted to decline consistently from 66.66 thousand employees in 2024 to 62.82 thousand by 2028. The data suggests a year-on-year decrease of approximately 1.45% to 1.53% during this period, reflecting a downtrend as the sector adjusts to market dynamics and potential technological advancements leading to automation.

Future trends to watch for include the impact of automation and Industry 4.0 in reducing manual labor, shifts in global steel demand influenced by construction and automotive sectors, and environmental regulations pushing for greener steel production processes which may affect employment trends.

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