In the January-October period this year, Italy's steel imports from non-European Union (EU) countries totaled 6.478 million metric tons, up by 10.7 percent, while its steel exports to non-EU destinations amounted to 4.490 million metric tons, up 0.8 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 increased by 23.1 percent year on year in the first 10 months this year, while flat product exports to non-EU destinations decreased by 24.2 percent and long product exports to these countries increased by 4.4 percent, both year on year.
The details are presented in the following table:
Products | Imports non-EU | Exports non-EU | Balance | |||||
Jan-Oct 2013 | Jan-Oct 2014 | Change (%) | Jan-Oct 2013 | Jan-Oct 2014 | Change (%) | Jan-Oct 2013 | Jan-Oct 2014 | |
Ingots and semi-finished products | 2,377 | 2,208 | -7.1 | 161 | 122 | -24.2 | -2,216 | -2,086 |
Long products | 352 | 422 | 19.9 | 1,685 | 1,759 | 4.4 | 1,333 | 1,337 |
Flat products | 2,760 | 3,398 | 23.1 | 1,486 | 1,425 | -4.1 | -1,274 | -1,973 |
1st manufacturing products (*) | 301 | 382 | 26.9 | 916 | 984 | 7.4 | 615 | 602 |
2nd manufacturing products (**) | 62 | 68 | 9.7 | 206 | 200 | -2.9 | 144 | 132 |
Total | 5,852 | 6,478 | +10.7 | 4,454 | 4,490 | +0.8 | -1,398 | -1,988 |
(*) 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