Italy’s steel exports outside EU down 11.2 percent in Jan-May

According to the statistics released by the Italian steel producers' association Federacciai, in the first five months of 2011 Italy's steel imports from non-European Union (EU) countries reached 4.53 million metric tons, increasing by 37.9 percent year on year, while its steel exports to non-EU destinations totaled 1.97 million metric tons, down 11.2 percent year on year.

In January-May this year, Italy's semi-finished steel product imports from non-EU countries reached 1.45 million metric tons, down 0.1 percent year on year. Meanwhile, the country's semi-finished steel product exports to countries outside the EU amounted to 78,000 metric tons, decreasing by 64.9 percent year on year.

In the given period, Italy's imports of long steel products from non-EU countries increased by 28.7 percent to 254,000 metric tons, while its long steel product exports to non-EU destinations totaled 561,000 metric tons, down 3.6 percent, both year on year.

On the other hand, in the first five months of 2011 Italy's flat steel product imports from non-EU sources reached 1.41 million metric tons, up 80.7 percent as compared to January-May 2010, while its flat steel product exports amounted to 686,000 metric tons, with a 18.2 percent decrease year on year.

(*) 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.