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Italy’s steel imports from non-EU countries up 21.7 percent in Jan-Sept

Monday, 31 October 2011 10:42:35 (GMT+2)   -  

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According to the statistics released by the Italian steel producers' association Federacciai, in the first nine months of 2011 Italy's steel imports from non-European Union (EU) countries reached 7.39 million metric tons, increasing by 21.7 percent year on year, while its steel exports to non-EU destinations totaled 3.54 million metric tons, down 4.4 percent year on year.

In January-September this year, Italy's semi-finished steel product imports from non-EU countries reached 2.362 million metric tons, down 1.7 percent year on year. Meanwhile, the country's semi-finished steel product exports to countries outside the EU amounted to 188,000 metric tons, decreasing by 42 percent year on year.

In the given period, Italy's imports of long steel products from non-EU countries increased by 22.6 percent to 521,000 metric tons, while its long steel product exports to non-EU destinations totaled 990,000 metric tons, up 2.1 percent, both year on year.

On the other hand, in the first nine months of 2011 Italy's flat steel product imports from non-EU sources reached 4.1 million metric tons, up 39.6 percent as compared to January-September 2010, while its flat steel product exports amounted to 1.24 million metric tons, with a 10.4 percent decrease year on year.

 

Product

Imports

Exports

Balance

Jan-Sept 2010

Jan-Sept 2011

Change y-o-y (%)

Jan-Sept 2010

Jan-Sept 2011

Change y-o-y (%)

Jan-Sept 2010

Jan-Sept 2011

Ingots and semi-finished products

2,403

2,362

-1.7

324

188

-42

-2,079

-2,174

Long products

425

521

22.6

970

990

2.1

545

469

Flat products

2,942

4,107

39.6

1,389

1,244

-10.4

-1,553

-2,863

1st manufacturing products (*)

240

333

38.8

875

967

10.5

635

634

2nd manufacturing products (**)

62

69

11.3

143

151

5,6

81

82

Total

6,072

7,392

21.7

3,701

3,540

-4.4

-2,371

-3,852

(*) 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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