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Italy's crude steel output down by 12.2% YOY in 2020

Italy's crude steel output declined by 12.2% year-on-year in 2020, despite a double-digit increase in December, Italian steel association Federacciai said. The country's crude steel production totaled 20.35 million tonnes in 2020, down from from about 23.19 million tonnes in 2019.

Long steel output declined by 9.5% to 11.16 million tonnes, down from 12.33 million tonnes in 2019, while flat steel production showed a 16.2% drop to 9.48 million tonnes in 2020, compared with 11.32 million tonnes in 2019, according to the association.