Italy achieves steel trade surplus of over 2 million mt in Jan-May

Tuesday, 31 July 2012 17:41:48 (GMT+3)   |  

According to the statistics released by the Italian steel producers' association Federacciai, in the January-May period this year Italy's steel imports reached 6.205 million metric tons, decreasing by 26.3 percent, while its steel exports totaled 8.208 million metric tons, up 9.8 percent, both compared to the corresponding period of the previous year. Accordingly, Italy achieved a steel trade surplus of over 2 million mt in the given period.  

 

Products

Imports

Exports

Balance

Jan-May 2011

Jan-May 2012

Change (%)

Jan-May 2011

Jan-May 2012

Change (%)

Jan-May 2011

Jan-May 2012

Ingots and semi-finished products

1,711

1,403

-18

360

363

+0.8

-1,351

-1,040

Long products

1,142

838

-26.6

1,476

1,749

+18.5

334

911

Flat products

4,895

3,350

-31.6

3,286

3,769

+14.7

-1,609

419

1st manufacturing products (*)

577

525

-9

2,193

2,160

-1.5

1,616

1,635

2nd manufacturing products (**)

96

89

-7.3

160

167

+4.4

64

78

Total

8,421

6,205

-26.3

7,475

8,208

+9.8

-946

2,003

 

(*) 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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