Italy’s steel exports to non-EU countries down 19 percent in Jan-Feb

Tuesday, 19 April 2016 14:31:23 (GMT+3)   |   Brescia
       

In the January-February period this year, Italy's steel exports to non-European Union (EU) countries totaled 679,000 metric tons, down 19 percent, while its steel imports from non-EU sources totaled 1.906 million metric tons, up 18.2 percent, both year on year, as announced by the Italian steel producers association Federacciai.

In particular, in the January-February period, Italy's flat steel product imports from non-EU sources indicated a strong increase of 22.3 percent year on year to 1.129 million metric tons, while flat product exports to non-EU destinations decreased by 26.8 percent year on year to 213,000 metric tons.

The details are presented in the following table:
 

Products

Imports non-EU

Exports non-EU

Balance

Jan-Feb 2015

Jan-Feb 2016

Change (%)

Jan-Feb 2015

Jan-Feb 2016

Change (%)

Jan-Feb 2015

Jan-Feb 2016

Ingots and semi-finished products

492

580

+17.9

17

19

+11.8

-475

-561

Long products

108

102

-5.6

309

252

-18.4

201

150

Flat products

923

1,129

+22.3

291

213

-26.8

-632

-916

1st manufacturing products (*)

76

83

+9.2

186

160

-14

110

77

2nd manufacturing products (**)

13

12

-7.7

35

35

0

22

23

Total

1,612

1,906

+18.2

838

679

-19

-774

-1,227

 
(*) 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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