Italy imported 6.1 million tons of steel from non-EU countries between January and October 2024. This represents a significant increase compared to the same period in the previous year. The data, released by the Italian steel producers’ association Federacciai, highlights the growing reliance on steel imports to meet domestic demand.
The increase in imports is attributed to a combination of factors, including higher domestic consumption and competitive pricing from third-country suppliers. This trend underscores the dynamic nature of the global steel market and Italy’s strategic adjustments to its supply chain.