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French steel exports in 11 months down by 37pct YoY

<font face="Arial,sans-serif" size="2">According to the statistics released by the French Ministry of Economy, Finance &amp; Industry, France's basic steel product and ferroalloy exports amounted to a value of EUR 7.07 billion in the January to November period of 2009, down by 37.48% YoY.</font>

<font face="Arial,sans-serif" size="2">During the period, France exported EUR 1.79 billion of steel pipes and tubes, down by 32.78% YoY, EUR 194.26 million of cold rolled steel bars, down by 56.56% YoY, EUR 401.8 million of cold rolled steel strip, down by 44.64% YoY, EUR 213.87 million of cold drawn wire, down by 40.34% YoY, EUR 644.33 million of metal structures and parts, down by 15.77% YoY.</font>

<font face="Arial,sans-serif" size="2">Meanwhile, in the first 11 months of 2009, France's basic steel product and ferroalloy imports totalled EUR 6.31 billion, down by 46.79% YoY.</font>

<font face="Arial,sans-serif" size="2">During the period, France imported EUR 1.17 billion of steel pipes and tubes, down by 34.57% YoY, EUR 222.11 million of cold rolled steel bars, down by 53.36% YoY, EUR 397.67 million of cold rolled steel strip, down by 35.52% YoY, EUR 284.92 million of cold drawn wire, down by 44.17% YoY and EUR 1.01 billion of metal structures and parts, down by 26.77% YoY.</font>

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