In the January-February period this year, Italy's steel exports to non-European Union (EU) countries totaled 679,000 metric tons, down 19 percent, while its steel imports from non-EU sources totaled 1.906 million metric tons, up 18.2 percent, both year on year, as announced by the Italian steel producers association Federacciai.
In particular, in the January-February period, Italy's flat steel product imports from non-EU sources indicated a strong increase of 22.3 percent year on year to 1.129 million metric tons, while flat product exports to non-EU destinations decreased by 26.8 percent year on year to 213,000 metric tons.
The details are presented in the following table:
Products |
Imports non-EU |
Exports non-EU |
Balance |
|||||
Jan-Feb 2015 |
Jan-Feb 2016 |
Change (%) |
Jan-Feb 2015 |
Jan-Feb 2016 |
Change (%) |
Jan-Feb 2015 |
Jan-Feb 2016 |
|
Ingots and semi-finished products |
492 |
580 |
+17.9 |
17 |
19 |
+11.8 |
-475 |
-561 |
Long products |
108 |
102 |
-5.6 |
309 |
252 |
-18.4 |
201 |
150 |
Flat products |
923 |
1,129 |
+22.3 |
291 |
213 |
-26.8 |
-632 |
-916 |
1st manufacturing products (*) |
76 |
83 |
+9.2 |
186 |
160 |
-14 |
110 |
77 |
2nd manufacturing products (**) |
13 |
12 |
-7.7 |
35 |
35 |
0 |
22 |
23 |
Total |
1,612 |
1,906 |
+18.2 |
838 |
679 |
-19 |
-774 |
-1,227 |
(*) 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