The production value of basic iron, steel, and ferro-alloys in Italy is anticipated to decline slightly from 2024 to 2028. With figures starting at 21.11 billion Euros in 2024 and decreasing to 20.57 billion Euros by 2028, the data indicates small, consistent drops each year. For context, the production value stood at 21.27 billion Euros in 2023. Year-on-year, this shows a decreasing trend averaging around 0.6% annually. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 reflects a consistent negative trend in production value.

Future trends to watch for:

Impact of global steel demand and international trade policies on Italy's production.
Technological advancements in steel production that could countervalue declines.
Environmental regulations influencing production processes and costs.
Fluctuations in raw material prices affecting overall production economics.
Potential shifts towards sustainable and green steel production methods.