In the first two months this year, Italy's steel exports to non-European Union (EU) countries totaled 656,000 metric tons, down by 21.4 percent, while its steel imports from non-EU sources totaled 1.265 million metric tons, up 46.4 percent, both compared year-on-year, as announced by the Italian steel producers association Federacciai.
In particular, Italy's flat steel product imports from non-EU sources rose by 91.2 percent in January-February, while flat product exports to non-EU destinations decreased by 42.3 percent and long product exports to these countries fell by almost five percent, all year on year.
The details are presented in the following table:
Products |
Imports non-EU |
Exports non-EU |
Balance |
|||||
Jan-Feb 2012 |
Jan-Feb 2013 |
Change (%) |
Jan-Feb 2012 |
Jan-Feb 2013 |
Change (%) |
Jan-Feb 2012 |
Jan-Feb 2013 |
|
Ingots and semi-finished products |
399 |
504 |
26.3 |
37 |
45 |
21.6 |
-362 |
-459 |
Long products |
83 |
85 |
2.4 |
245 |
233 |
-4.9 |
162 |
148 |
Flat products |
317 |
606 |
91.2 |
310 |
179 |
-42.3 |
-7 |
-427 |
1st manufacturing products (*) |
52 |
58 |
11.5 |
211 |
161 |
-23.7 |
159 |
103 |
2nd manufacturing products (**) |
13 |
12 |
-7.7 |
32 |
38 |
18.8 |
19 |
26 |
Total |
846 |
1,265 |
46.4 |
835 |
656 |
-21.4 |
-29 |
-609 |
(*) 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