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Italian steel sector warns of plant closures in winter


13 Sept 2022 11:22

13 Sept 2022 11:22

(Montel) Italian steelmakers will struggle to stay open this winter if the EU does not limit and stabilise energy prices as increasing production costs have already forced some of them to reduce their operations, industry sources have said. 

“We need distinct European actions to regain competitiveness… without common European policies we would struggle,” said Simone Campanella, head of Duferco’s beams and profiles unit in Italy during an industry webinar held by Siderweb on Tuesday.

The company had shut down one of its steel mills for eight weeks in mid-July – the longest stop ever undergone by the group – and adopted a new business model…

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