The forecast for Italy's coke oven coke final consumption in the iron and steel sectors indicates a declining trend from 2024 through 2028. In 2023, the consumption was estimated higher compared to the forecasted 324.59 thousand tonnes of oil equivalent for 2024. By 2028, a steady annual decrease brings consumption down to 250.71 thousand tonnes of oil equivalent, highlighting a continuous reduction in reliance on coke oven coke.
Key trends to watch for:
- Increasing emphasis on sustainable and alternative energy sources within the industry.
- Technological advancements in steel production may reduce coke oven coke dependency.
- Regulatory pressures and policies aimed at reducing carbon footprints could accelerate this decline.
