Events

Steel Balance Sheets 2025: The Italian steel industry between resilience, investments and future challenges

Monday saw the presentation of ‘Bilanci d’Acciaio 2025’ (Steel Balance Sheets 2025), siderweb‘s annual analysis involving 1,764 manufacturing, primary processing, service centre and distribution companies and 3,940 user companies.

The picture that emerged confirms the slowdown in the Italian steel industry: in 2024, the sector’s turnover fell to £70.5 billion (-9%), added value to £10.3 billion (-15%), profits to £2.1 billion (-30%) and EBITDA to £4.9 billion (-29%). World steel production fell by 1.6%, while Italian production rose by 3.2%.

Despite the difficult context, Vicenza remains the third largest steel centre in Italy with a turnover of 4.2 billion (-10.42%), surpassing Milan and Cremona. The region is showing signs of resilience: the net assets of Berica companies are holding steady (-2.3%) and fixed assets are growing (+4.9%), a sign of confidence and investment in the recovery.

“This is therefore not a time to wait, but to act. In a slowing market, we are choosing to accelerate on what matters: innovation, sustainability and skills development. Every investment we make today is a choice in this direction,” explained Carlo Beltrame.

The outlook for 2026 points to a moderate recovery, while crucial challenges remain, such as #energy costs, availability of #scrap and US-EU tariffs.

“For us, these critical issues confirm the need for strategy, vision and planning: the pillars that allow us to look ahead and strengthen the role of the Italian and European steel industry.”