ROME (Scrap Monster): Italy's steel imports from non-European Union (EU) countries declined by 42.1% year-on-year to 2.626 million metric tons (mt) in the first five months of the current year while its steel exports to non-EU destinations totaled 2.505 million metric tons, up 27.4% year-on-year, as per the latest data released by the Italian steel producers' association Federacciai.
In particular, in the given period Italy's long steel imports from non-EU countries totaled 205,000 mt, down 37.3%, while flat steel imports from such countries amounted to 1,031,000 mt, down 59.6%, both year-on-year.
In addition, Italian long steel exports to non-EU desinations reached 841,000 mt, up 49.9%, while flat steel exports to these destinations totaled 900,000 mt, increased by 31.2%, both year-on-year.
|
Products |
Imports |
Exports
|
Balance
|
|||||
|
|
Jan-May 2011 |
Jan-May 2012 |
Change (%) |
Jan-May 2011 |
Jan-May 2012 |
Change (%) |
Jan-May 2011 |
Jan-may 2012 |
|
Ingots and semi-finished products |
1,427 |
1,199 |
-16 |
72
|
107 |
+48.6 |
-1355 |
-1,092 |
|
Long products |
327 |
205
|
-37.3 |
561
|
841
|
+49.9
|
234
|
636
|
|
Flat products |
2,553 |
1,031
|
-59.6
|
686 |
900
|
+31.2
|
-1,867
|
-131 |
|
1st manufacturing products |
175 |
150
|
-14.3
|
566
|
563
|
-0.5
|
391
|
413
|
|
2nd manufacturing products |
36 |
31 |
-13.9 |
81 |
94 |
+16 |
45 |
63
|
|
Total |
4,518 |
2,626 |
-42.1 |
1,966 |
2,505 |
+27.4 |
-2,552 |
-111 |
-- 1st manufacturing products include: Seamless pipes, welded pipes, forged bars, cold drawn sections and bars, drawn wire, cold rolled strips, welded sections, drawn wire.
-- 2nd manufacturing products: Flanges, pipe fittings, mining sections, diamond plates, pig iron powder
-- Units of measurement are thousand metric tons
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