Total EU steel product imports down 35% year-on-year in August

The total amount of imports of finished steel products in the European Union was down 34.7% in August 2012, according to figures released by the European steel association Eurofer.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

Total imports into the 27 member states fell to 1.005 million tonnes, from 1.538 million tonnes in August 2011, with imports for flat products showing the sharpest drop of 35.4% year-on-year to 839,000 tonnes.

Imports of long products also fell by 30.5% year-on-year to 166,000 tonnes, compared with 239,000 tonnes in the corresponding month in 2011.

What to read next
Fastmarkets’ Chinese magnesia price assessments were published earlier than scheduled due to a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets is proposing to launch a calculated weekly aluminium 6063 extrusion billet premium, cif Rotterdam premium, on Thursday July 23.
The publication of three of Fastmarkets' fluorspar prices was delayed because of a reporter error. Fastmarkets' pricing database has been updated.
As Mexico seeks to strengthen domestic manufacturing supply chains and reduce its reliance on imported steel products, special bar quality (SBQ) steel has emerged as one of the segments offering the greatest growth potential for local producers, according to TYASA’s three chief executive officers, whom Fastmarkets sat down with in an exclusive interview to discuss the company’s new SBQ rolling mill.
The publication of Fastmarkets' rand fixing prices per tonne for London Metal Exchange trade for Tuesday June 16, 2026 was delayed due to the unavailability of the Standard Bank $/rand conversion rate. Fastmarkets’ pricing database was updated once the rate was available.
Fastmarkets has decided to raise the minimum tonnage in its aluminium P1020A(MJP), cif Japan, spot premium assessment to better reflect significant spot market transactions.