Forecast: Basic Iron, Steel and Ferro-Alloys Number of Persons Employed in Italy

The number of persons employed in the basic iron, steel, and ferro-alloys sector in Italy is forecasted to gradually increase from 44.61 thousand in 2024 to 44.69 thousand by 2028. This steady growth reflects a compound annual growth rate (CAGR) that is quite modest. The year-on-year growth rate, however, is nearly flat, indicating minimal variability in employment levels.

Future trends to watch for include potential advancements in automation and digitalization that could shift the employment landscape, as well as fluctuations in global steel demand which may influence sector growth positively or negatively.

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