The Italian basic iron and steel sector is projected to witness a decreasing trend in the number of enterprises from 2024 to 2028. With the year-on-year percentage decrease, the sector starts at 1.22 thousand enterprises in 2024 and declines steadily by approximately 4.1% annually, reaching 1.02 thousand enterprises by 2028. Over the five-year period, the compound annual growth rate (CAGR) indicates an average negative growth, highlighting a contraction of business presence in this sector.

Future trends to watch for include:

Potential sector consolidation due to decreasing enterprise numbers.
Technological advancements and increasing efficiency potentially impacting competitiveness.
Economic and policy changes in the EU influencing business conditions in the iron and steel industry.