Trade Resources Market View Italy's Steel Exports to Non-EU Countries Is Down by 19.2 Percent

Italy's Steel Exports to Non-EU Countries Is Down by 19.2 Percent

Tags: Italy, Flat Steel

In the first quarter this year, Italy's steel exports to non-European Union (EU) countries totaled 1.13 million metric tons, down by 19.2 percent, while its steel imports from non-EU sources totaled 2.053 million metric tons, up 53.3 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 more than doubled in January-March this year compared to the same period of 2012, while flat product exports to non-EU destinations decreased by 36.6 percent and long product exports to these countries fell by 7.1, both year on year.

The details are presented in the following table:

 

Products

Imports non-EU

Exports non-EU

Balance

Jan-Mar 2012

Jan-Mar 2013

Change (%)

Jan-Mar 2012

Jan-Mar 2013

Change (%)

Jan-Mar 2012

Jan-Mar 2013

Ingots and semi-finished products

608

797

31.1

56

73

30.4

-552

-724

Long products

120

118

-1.7

467

434

-7.1

347

316

Flat products

511

1,032

102

495

314

-36.6

-16

-718

1st manufacturing products (*)

82

88

7.3

326

250

-23.3

244

162

2nd manufacturing products (**)

18

18

=

54

59

9.3

36

41

Total

1,339

2,053

53.3

1,398

1,130

-19.2

59

-923

(*) 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-double-in-q1-761027.htm
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Italy’s Flat Steel Imports From Non-EU Countries Double in Q1
Topics: Metallurgy