According to the Italian steel producers' association Federacciai, in the January-April period this year Italy's overall steel imports totaled 4.698 million metric tons, decreasing by 29.1 percent, while its steel exports amounted to 6.407 million metric tons, up 9.3 percent, both compared to the previous year.
Italy's long steel exports in the given period totaled 1,1381,000 mt, up 18.5 percent, while its long steel imports amounted to 650,000 mt, down 27.6 percent, year on year. On the other hand, Italian flat steel exports in the first four months reached 2,900,000 mt, up 14.3 percent, while flat steel imports totaled 2,509,000 mt, down 34.7 percent, both on year-on-year basis.
Products | Imports | Exports | Balance | |||||
Jan-Apr 2011 | Jan-Apr 2012 | Change (%) | Jan-Apr 2011 | Jan-Apr 2012 | Change (%) | Jan-Apr 2011 | Jan-Apr 2012 | |
Ingots and semi-finished products | 1,362 | 1,063 | -22 | 287 | 271 | -5.6 | -1,075 | -792 |
Long products | 898 | 650 | -27.6 | 1,165 | 1,381 | +18.5 | 267 | 731 |
Flat products | 3,842 | 2,509 | -34.7 | 2,537 | 2,900 | +14.3 | -1,305 | 391 |
1st manufacturing products (*) | 448 | 407 | -9.2 | 1,749 | 1,725 | -1.4 | 1,301 | 1,318 |
2nd manufacturing products (**) | 73 | 69 | -5.5 | 125 | 130 | +4 | 52 | 61 |
Total | 6,623 | 4,698 | -29.1 | 5,863 | 6,407 | +9.3 | -760 | 1,709 |
(*) 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