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Italy’s flat steel exports to EU up 8.4 percent in Jan-Aug

Tuesday, 30 October 2012 17:45:11 (GMT+3)   |  

According to the Italian steel producers' association Federacciai, in the first eight months of current year Italy's steel exports to European Union (EU) countries reached 8.312 million metric tons, up 2.6 percent, while its steel imports from EU countries totaled 5.409 million metric tons, down 7.9 percent, both compared to the same period of 2011.

 

Both on the import and on the export side, only flat steel products recorded positive year-on-year variations in the January-August period this year, up respectively by 0.7 and 8.4 percent. For all the other categories, steel trade between Italy and other EU-27 countries decreased compared to January-August 2011.

 

Products

Imports

Exports

Balance

Jan-Aug 2011

Jan-Aug 2012

Change (%)

Jan-Aug 2011

Jan-Aug 2012

Change (%)

Jan-Aug 2011

Jan-Aug 2012

Ingots and semi-finished products

441

290

-34.2

425

384

-9.6

-16

94

Long products

1,189

914

-23.1

1,388

1,320

-4.9

199

406

Flat products

3,551

3,575

0.7

3,937

4,267

8.4

386

692

1st manufacturing products (*)

599

543

-9.3

2,443

2,438

-0.2

1,844

1,895

2nd manufacturing products (**)

92

87

-5.4

119

116

-2.5

27

29

Total

5,872

5,409

-7.9

8,312

8,525

2.6

2,440

3,116

 

(*) 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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