According to the European Steel Association (Eurofer), in the month of July this year flat steel imports into the European Union (EU) amounted to 968,000 mt, while long steel imports came to 218,000 mt. Accordingly, overall EU steel imports in July totaled 1.186 million mt, down 5.72 percent month on month and down 34.43 percent compared to the same month of 2011.
EU steel imports, July 2012 | |||
| Volume (mt) | M-o-m variation (%) | Y-o-y variation (%) |
Flat rolled | 968,000 | -7.1 | -36.97 |
Long products | 218,000 | +1.39 | -20.14 |
TOTAL | 1,186,000 | -5.72 | -34.43 |
In addition, in the first seven months of the current year steel imports into the European Union were as follows:
EU steel imports, Jan-Jul 2012 | ||
| Volume (mt) | Y-o-y variation (%) |
Flat rolled | 6,953,000 | -37.74 |
Long products | 1,700,000 | -18.96 |
TOTAL | 8,655,000 | -34.75 |