Italy’s steel exports outside EU down 5.4 percent in Jan-Aug

Tuesday, 04 October 2011 14:21:26 (GMT+3)   |  
According to the statistics released by the Italian steel producers' association Federacciai, in the first eight months of 2011 Italy's steel imports from non-European Union (EU) countries reached 6.75 million metric tons, increasing by 24.4 percent year on year, while its steel exports to non-EU destinations totaled 3.17 million metric tons, down 5.4 percent year on year.

In January-August this year, Italy's semi-finished steel product imports from non-EU countries reached 2.128 million metric tons, down 0.5 percent year on year. Meanwhile, the country's semi-finished steel product exports to countries outside the EU amounted to 171,000 metric tons, decreasing by 44.7 percent year on year.

In the given period, Italy's imports of long steel products from non-EU countries increased by 23.9 percent to 467,000 metric tons, while its long steel product exports to non-EU destinations totaled 860,000 metric tons, down 1.4 percent, both year on year.

On the other hand, in the first eight months of 2011 Italy's flat steel product imports from non-EU sources reached 3.89 million metric tons, up 44.5 percent as compared to January-August 2010, while its flat steel product exports amounted to 1.13 million metric tons, with a 9.9 percent decrease year on year.

Product

Imports

Exports

Balance

Jan-Aug 2010

Jan-Aug 2011

Change y-o-y (%)

Jan-Aug 2010

Jan-Aug 2011

Change y-o-y (%)

Jan-Aug 2010

Jan-Aug 2011

Ingots and semi-finished products

2,139

2,128

-0.5

309

171

-44.7

-1,830

-1,957

Long products

377

467

23.9

872

860

-1.4

495

393

Flat products

2,643

3,819

44.5

1,254

1,130

-9.9

-1,389

-2,689

1st manufacturing products (*)

215

285

32.6

788

875

11

573

590

2nd manufacturing products (**)

55

57

3.6

129

135

4.7

74

78

Total

5.429

6.756

24.4

3.352

3,171

-5.4

-2,077

-3,585

(*) 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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