Italy’s steel exports to non-EU countries up 13.7 percent in Q1

Wednesday, 21 May 2014 15:47:02 (GMT+3)   |   Brescia

In the first quarter this year, Italy's steel exports to non-European Union (EU) countries totaled 1.285 million metric tons, up by 13.7 percent, while its steel imports from non-EU sources totaled 1.862 million metric tons, down 9.3 percent, both year on year, as announced by the Italian steel producers association Federacciai.

In particular, Italy's flat steel product imports from non-EU sources decreased by 7.8 percent year on year in the first quarter this year, while flat product exports to non-EU destinations increased by 13.4 percent and long product exports to these countries increased by 31.6 percent, both year on year.

The details are presented in the following table:

 

Products

Imports non-EU

Exports non-EU

Balance

Jan-Mar 2013

Jan-Mar 2014

Change (%)

Jan-Mar 2013

Jan-Mar 2014

Change (%)

Jan-Mar 2013

Jan-Mar 2014

Ingots and semi-finished products

797

661

-17.1

73

27

-63

-724

-634

Long products

118

127

7.6

434

571

31.6

316

444

Flat products

1032

951

-7.8

314

356

13.4

-718

-595

1st manufacturing products (*)

88

104

18.2

250

276

10.4

162

172

2nd manufacturing products (**)

18

19

5.6

59

55

-6.8

41

36

Total

2053

1862

-9.3

1130

1285

13.7

-923

-577

(*) 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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