According to the European steel association EUROFER, in November last year flat steel imports into the European Union (EU-27) totaled 865,000 mt, while long steel imports amounted to 250,000 mt. Accordingly, overall EU-27 steel imports in November totaled 1.137 million mt, down 17.6 percent month on month and decreasing by 18.84 percent compared to the same month of the previous year.
EU-27 steel imports, November 2011 | |||
Volume (x 1,000 mt) | M-o-m variation (%) | Y-o-y variation (%) | |
Flat rolled | 865 | -23.78 | -25.87 |
Long products | 272 | +11.02 | +16.23 |
TOTAL | 1,137 | -17.6 | -18.84 |
In addition, in the first 11 months of last year EU-27 total steel imports amounted to 18.768 million mt, increasing by 29.2 percent compared to the same period of 2010.
EU-27 steel imports, January-November 2011 | ||
Volume (,000 mt) | Y-o-y variation (%) | |
Flat rolled | 15,643 | +31.55 |
Long products | 3,123 | +18.56 |
TOTAL | 18,768 | +29.2 |