Feralpi completes investment cycle amid improved production and profits, but European steel industry remains under pressure

Italian steel producer Feralpi Group has increased production, revenue and profitability in 2025, completing a three-year investment program worth more than 500 million euros, enabling the company to capitalize on future market opportunities despite challenging prospects for the European steel industry.

The results were presented on July 15 at the company's headquarters in Lonato del Garda, northern Italy, where management announced the completion of one of the group's most significant industrial transformations. recent programs. The event also featured a market forecast by commodity analyst Gianclaudio Torlizzi, founder of T-Commodity and adviser to the Italian Minister of Defense on strategic raw materials.

Although Feralpi reported higher financial and operational performance, executives stressed that European steel producers continue to face weak demand, high electricity costs, increasing import pressures, and ongoing geopolitical uncertainty.

Production and profitability are improving

Feralpi produced 2.7 million tons of unrefined steel in 2025, up 4.7 percent from last year, and consolidated revenue increased by three percent to 1.7 billion euros. EBITDA increased to 87.2 million euros, and the group returned to a marginal net profit of 401,000 euros after a loss in the previous financial year.

Depreciation and impairment expenses remained significant at 71.6 million euros, reflecting significant investments completed over the past three years. Net financial debt increased to 196.9 million euros from 155.5 million euros, mainly due to capital expenditures, only partially offset by lower working capital requirements.

International operations continued to play a key role, with 61 percent of total revenue generated outside Italy. The group currently operates in seven countries, serving the construction steel, specialty steel, and energy sectors.

"We have now reached the industrial configuration that we intended to build," said Feralpi president Giuseppe Pasini, describing the company's prospects as "cautious but firm optimism." According to Pasini, the completion of the investment program provides the industrial platform needed to take advantage of future opportunities, especially as demand for low-carbon steel products increases.

The 500 million euro investment program has been completed

The completion of the Feralpi investment cycle marks the beginning of a new stage aimed at maximizing profits from the upgraded