The gross investment in the manufacture of basic iron and steel sector in Italy is projected to decline from 1.36 billion Euros in 2024 to 1.2 billion Euros by 2028. This indicates an average yearly percentage decrease (CAGR) over this period. Compared to the actual data of 2023, these forecasts suggest a consistent decline in investment, reflecting potential market challenges or shifts.
Key trends to monitor involve:
- Shifts in global demand and pricing for steel products.
- Impact of technological advancements and automation within the industry.
- Government policies on sustainability and environmental regulations.
- Fluctuations in raw material costs.