In the first quarter this year, Italy's steel exports to non-European Union (EU) countries totaled 1.13 million metric tons, down by 19.2 percent, while its steel imports from non-EU sources totaled 2.053 million metric tons, up 53.3 percent, both year on year, as announced by the Italian steel producers association Federacciai.
In particular, Italy's flat steel product imports from non-EU sources more than doubled in January-March this year compared to the same period of 2012, while flat product exports to non-EU destinations decreased by 36.6 percent and long product exports to these countries fell by 7.1, both year on year.
The details are presented in the following table:
Products | Imports non-EU | Exports non-EU | Balance | |||||
Jan-Mar 2012 | Jan-Mar 2013 | Change (%) | Jan-Mar 2012 | Jan-Mar 2013 | Change (%) | Jan-Mar 2012 | Jan-Mar 2013 | |
Ingots and semi-finished products | 608 | 797 | 31.1 | 56 | 73 | 30.4 | -552 | -724 |
Long products | 120 | 118 | -1.7 | 467 | 434 | -7.1 | 347 | 316 |
Flat products | 511 | 1,032 | 102 | 495 | 314 | -36.6 | -16 | -718 |
1st manufacturing products (*) | 82 | 88 | 7.3 | 326 | 250 | -23.3 | 244 | 162 |
2nd manufacturing products (**) | 18 | 18 | = | 54 | 59 | 9.3 | 36 | 41 |
Total | 1,339 | 2,053 | 53.3 | 1,398 | 1,130 | -19.2 | 59 | -923 |
(*) 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