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Top News

Metal group imports rise 4.41pc

Published Updated

aluminumISLAMABAD: The imports of metal group registered an increase of 4.41 per cent during the fist quarter of current year over the same period of last year.

The country imported the metal worth US$670.90 million during July-September 2011 against the import of US$642.53 million during July-September 2010, Federal Board of Statistics (FBS) reported.

Out of the metal group, the country imported iron and steel scrap of US$123.35 million during the period, showing decrease of 32.93 per cent over last year.

The import of aluminum wrought and worked decreased by 12.88 per cent from US$35.29 million to US$30.74 million whereas iron and steel imports increased 25.93 percent to US$331.93 as compared to the import of US$263.57 million last year.

The import of gold into the country stood at US$36.78 million against the import of US$19.77 million during the same period of the last year.

On the year-on-year basis, the imports of metal group in the country registered a decrease of 2.57 per cent during September 2011 over September 2010.

The country has imported commodity worth US$225.31 million as compared the import of US$231.24 million.

The import of iron and steel scrap was recorded at US$36.55 million against US$65.61 million, showing a decrease of 44.30 per cent.

The import of aluminum wrought and worked registered a decrease of 11.99 per cent as its imports declined from US$11.61 million in last September million to US$10.23 million in September 2011.

The country imported iron and steel worth US$119.64 million during the month of September of the current year against the import of US$101.27 million during the same month of the last year.

The import of gold stood at US$16.46 million in September 2011 against imports of US$3.39 million during the same month of last year.

On month-on-month basis, the import of metal group witnessed an increase of 2.17 per cent as metal worth US$225.31 was imported in September 2011 against US$220.52 million in August 2010.

The import of iron and steel scrap registered a decline of 10.09 per cent, decreasing from US$40.65 million to US$36.55 million.

The import of aluminum wrought and worked was recorded at US$10.23 million in September 2011 against US$9.28 million in August 2011.

The country imported iron and steel worth US$119.64 million during September against the import of US$113.52 million in August.

The import of gold stood at US$16.46 million in September 2011 against import of US$15.22 million in August 2011.

Copyright APP (Associated Press of Pakistan), 2011

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