06 Apr 2017

ILVA wasn’t the only driver of the Italian steel industry’s turnaround in 2016

After a run of disappointing years, higher volumes made 2016 an encouraging one for the Italian steel industry: according to the Italian federation of iron and steel companies, Federacciai, Italian steel output in 2016 reached 23.374 million tonnes, up 6.2% compared to 2015, and up 1.356 million tonnes in terms of volume.

 «Much of the upswing – states the head of the Siderweb research team, Stefano Ferrari – is due to ILVA, whose output increased significantly last year, approaching almost 6 million tonnes.  However, it would be a mistake to give ILVA all the credit. The production of long products, largely out of northern Italy, is up more than 400,000 tonnes, posting its best performance since 2012». The upward trend is continuing in the first two months of 2017: output of long products is up 0.3% in January compared to the same month last year, and up 1.2% in February.

Exports also thrived in 2016. Conversely, imports were down. «Now that flat products are subject to import duty, and ILVA’s output is climbing again, the trade deficit is likely to continue narrowing» says Ferrari, commenting on expectations for 2017. This is the backdrop of the seventh edition of Made in Steel, the leading conference and exhibition in southern Europe devoted to the steel industry, which will take place at fieramilano Rho from 17 to 19 May 2017. The trade show organised by Siderweb – the main source of information and guidance devoted entirely to steel – provides an unrivalled overview of the global industry and of Italy’s leading role, also in light of these impressive figures.

So far 95% of the show floor has been sold, already exceeding the total display area of the last record-breaking edition in 2015; non-Italian businesses and groups account for around 15%. Exhibitors from 16 countries will be participating, and major buyers from 15 will be on hand, including Republic of Korea, United Arab Emirates, South Africa and Russia, as well as the leaders of the two groups vying to take over ILVA.

Made in Steel will provide the ideal backdrop for talking business, contracts, and digital and technological innovation. However, the focus will also be on the future of the steel industry in a packed programme of meetings and conferences. The event schedule will be released over the coming weeks. The main highlight will be the roll-out of the Stati Generali dell’ACCIAIO (the General Assembly of the Steel Industry) programme platform.

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