Italian steel exports to non-EU destinations up 3.1 percent in 2011

Thursday, 02 February 2012 15:52:01 (GMT+3)   |  
       

According to the statistics released by the Italian steel producers' association Federacciai, in 2011 Italy's steel imports from non-European Union (EU) countries reached 8.76 million metric tons, increasing by 12.8 percent year on year, while its steel exports to non-EU destinations totaled 4.95 million metric tons, up 3.1 percent year on year.

Last year, Italy's semi-finished steel product imports from non-EU countries reached 2.94 million metric tons, down 5.4 percent year on year. Meanwhile, the country's semi-finished steel product exports to countries outside the EU amounted to 279,000 metric tons, decreasing by 25.2 percent year on year.

In the given period, Italy's imports of long steel products from non-EU countries increased by 21.8 percent to 638,000 metric tons, while its long steel product exports to non-EU destinations totaled 1.47 million metric tons, up 14.6 percent, both year on year.

On the other hand, in 2011 Italy's flat steel product imports from non-EU sources reached 4.66 million metric tons, up 32.1 percent as compared to 2010, while its flat steel product exports to destinations outside the EU amounted to 1.72 million metric tons, with a 5.7 percent decrease year on year.

Product

Imports

Exports

Balance

2010

2011

Change y-o-y (%)

2010

2011

Change y-o-y (%)

2010

2011

Ingots and semi-finished products

3,110

2,943

-5.4

373

279

-25.2

-2,737

-2,664

Long products

524

638

21.8

1,284

1,471

14.6

760

883

Flat products

3,730

4,665

25.1

1,831

1,726

-5.7

-1,899

-2,939

1st manufacturing products (*)

330

436

32.1

1,117

1,264

13.2

787

828

2nd manufacturing products (**)

80

87

8.8

196

210

7.1

116

129

Total

7,774

8,769

12.8

4,801

4,950

3.1

-2,973

-3,819

(*) Seamless pipes, welded pipes, forged bars, cold drawn sections and bars, drawn wire, cold rolled strips, welded sections, drawn wire.

(**) Flanges, pipe fittings, mining sections, diamond plates, pig iron powder

Units of measurement are thousand metric tons.


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