According to the European steel association EUROFER, in the month of October this year EU-27 flat steel imports reached 1.137 million mt, while long steel imports amounted to 250,000 mt. Accordingly, overall EU-27 steel imports in October totaled 1.387 million mt, down five percent month on month and up 1.31 percent compared to the same month last year.
EU-27 steel imports, October 2011 | |||
Volume (mt) | M-o-m variation (%) | Y-o-y variation (%) | |
Flat rolled | 1,137,000 | -4,13 | +0,88 |
Long products | 250,000 | -8,75 | +3,3 |
TOTAL | 1,387,000 | -5 | +1,31 |
In addition, in the first 10 months of current year total EU-27 steel imports amounted to 17.63 million mt, increasing by 34.33 percent compared to the same period of 2010.
EU-27 steel imports, January-October 2011 | ||
Volume (mt) | Y-o-y variation (%) | |
Flat rolled | 14,775,000 | +37,77 |
Long products | 2,855,000 | +18,95 |
TOTAL | 17,630,000 | +34,33 |