Trade Resources Industry Views Italy's Flat Steel Product Imports From Non-EU Countries Increased by 63.3 Percent

Italy's Flat Steel Product Imports From Non-EU Countries Increased by 63.3 Percent

In the January-May period this year, Italy's steel exports to non-European Union (EU) countries totaled 2.203 million metric tons, down by nine percent, while its steel imports from non-EU sources totaled 3.332 million metric tons, up 27.3 percent, both year on year, as announced by the Italian steel producers association Federacciai.

In particular, in the January-May period of the current year, Italy's flat steel product imports from non-EU countries increased by 63.3 percent, its flat steel product exports to non-EU destinations decreased by 25.9 percent, while long steel product exports to these countries rose by 10.1 percent, all year on year.

 

Products

Imports non-EU

Exports non-EU

Balance

Jan-May 2012

Jan-May 2013

Change (%)

Jan-May 2012

Jan-May 2013

Change (%)

Jan-May 2012

Jan-May 2013

Ingots and semi-finished products

1,196

1,270

6.2

106

114

7.3

-1,090

-1,156

Long products

205

191

-6.8

808

890

10.1

603

699

Flat products

1,032

1,032

63.3

861

638

-25.9

-171

-1,047

1st manufacturing products (*)

152

155

2

553

456

-17.5

401

301

2nd manufacturing products (**)

32

31

-3.1

94

105

11.7

62

74

Total

2,617

3,332

27.3

2,422

2,203

-9

-159

-1,129

(*) 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

Source: http://www.steelorbis.com/steel-news/latest-news/italys-flat-steel-imports-from-non_eu-countries-up-63-in-jan_may-772316.htm
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Italy's Flat Steel Imports From Non-EU Countries up 63% in Jan-May
Topics: Metallurgy