Italy’s steel exports to non-EU countries down 11.5 percent in Jan-Apr

Monday, 30 May 2011 17:27:38 (GMT+3)   |  
 

According to the statistics released by the Italian steel producers' association Federacciai, in the first four months of 2011 Italy's steel imports from non-European Union (EU) countries reached 3.55 million metric tons, increasing by 36.4 percent year on year, while its steel exports to non-EU destinations totaled 1.56 million metric tons, down 11.5 percent year on year.

In January-April this year, Italy's semi-finished steel product imports from non-EU countries reached 1.15 million metric tons, up two percent year on year. Meanwhile, the country's semi-finished steel products exports to countries outside the EU amounted to 59,000 metric tons, decreasing by 64 percent year on year.

In the given period, Italy's imports of long steel products from non-EU countries increased by 41.5 percent to 249,000 metric tons, while its long steel product exports to non-EU destinations totaled 448,000 metric tons, down 4.7 percent, both year on year.

On the other hand, in the first four months of 2011 Italy's flat steel product imports from non-EU sources reached 1.99 million metric tons, up 71.6 percent as compared to January-April 2010, while its flat steel product exports amounted to 534,000 metric tons, with a 20.1 percent decrease year on year.

Product

Imports

Exports

Balance

Jan- Apr 2010

Jan- Apr 2011

Change (%)

Jan- Apr 2010

Jan- Apr 2011

Change (%)

Jan- Apr 2010

Jan- Apr 2011

Ingots and semi-finished products

1,128

1,150

+2

164

59

-64

-964

-1,091

Long products

176

249

+41.5

470

448

-4.7

+294

+199

Flat products

1,159

1,989

+71.6

668

534

-20.1

-491

-1,455

1st manufacturing products (*)

108

131

+21.3

396

455

+14.9

+288

+324

2nd manufacturing products (**)

28

27

-3.6

64

63

-1.6

+36

+36

Total         

2,559

3,546

+36.4

1,762

1,559

-11.5

-837

-1,987

(*) 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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