According to the European steel association EUROFER, in the month of December last year European Union (EU-27) flat steel imports totaled 709,000 mt, down 27.8 percent year on year, while long steel imports amounted to 227,000 mt, down 7.34 percent year on year. Accordingly, overall EU-27 steel imports in December totaled 935,000 mt, down 17.76 percent month on month and down 23.79 percent compared to the same month in 2010.
EU-27 steel imports, December 2011 | |||
Volume (mt) | M-o-m variation (%) | Y-o-y variation (%) | |
Flat rolled | 709,000 | -18 | -27.8 |
Long products | 227,000 | -16.54 | -7.34 |
TOTAL | 935,000 | -17.76 | -23.79 |
In addition, in 2011 total steel imports of the EU-27 amounted to 19.714 million mt, increasing by 25.15 percent compared to 2010.
EU-27 steel imports, January-December 2011 | ||
Volume (mt) | Y-o-y variation (%) | |
Flat rolled | 16,363,000 | +27.11 |
Long products | 3,352,000 | +16.42 |
TOTAL | 19,714,000 | +25.15 |