The outlook for Italy’s metals sector is far from encouraging as a combination of cheap Chinese imports, low domestic demand and few project expansions mean that growth in consumption and production will stagnate over the period to 2017. We expect Italy to retain its position as the EU’s second largest steelmaking country with a 16% share of production. Things have certainly not started off the year well in terms of output, however. According to data from the Italian steel producers’ association Federacciai, the country’s crude steel output fell by 11.6% y-o-y in April to 2.12mn tonnes. It marks the 13th …
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