In the first quarter this year, Italy's steel exports to non-European Union (EU) countries totaled 1.285 million metric tons, up by 13.7 percent, while its steel imports from non-EU sources totaled 1.862 million metric tons, down 9.3 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 decreased by 7.8 percent year on year in the first quarter this year, while flat product exports to non-EU destinations increased by 13.4 percent and long product exports to these countries increased by 31.6 percent, both year on year.
The details are presented in the following table:
Products | Imports non-EU | Exports non-EU | Balance | |||||
Jan-Mar 2013 | Jan-Mar 2014 | Change (%) | Jan-Mar 2013 | Jan-Mar 2014 | Change (%) | Jan-Mar 2013 | Jan-Mar 2014 | |
Ingots and semi-finished products | 797 | 661 | -17.1 | 73 | 27 | -63 | -724 | -634 |
Long products | 118 | 127 | 7.6 | 434 | 571 | 31.6 | 316 | 444 |
Flat products | 1032 | 951 | -7.8 | 314 | 356 | 13.4 | -718 | -595 |
1st manufacturing products (*) | 88 | 104 | 18.2 | 250 | 276 | 10.4 | 162 | 172 |
2nd manufacturing products (**) | 18 | 19 | 5.6 | 59 | 55 | -6.8 | 41 | 36 |
Total | 2053 | 1862 | -9.3 | 1130 | 1285 | 13.7 | -923 | -577 |
(*) 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