Forecast: Sold Production of Flat Rolled Products of Non Alloy Steel of a Width More than 600 mm in Italy

The forecast for Italy's sold production of flat rolled products of non-alloy steel, more than 600 mm in width, shows a decreasing trend from 2024 to 2028. In 2024, production is expected to stand at 6.3327 billion kilograms, progressively declining to 5.5878 billion kilograms by 2028. This marks a year-on-year decrement of approximately 3%, reflecting a challenging market environment. From 2023, which had a higher base, the average annual decrease (CAGR) over the five-year forecast period is projected at around 3.1%.

Future trends to watch:

• Industry shifts towards sustainable and lightweight materials.
• Potential impacts of global supply chain adjustments on production levels.
• Technological advancements in manufacturing processes that may enhance efficiency.
• Policy changes at the EU level affecting steel production and trade regulations.