Consumption of rolled products in Ukraine grew by 11.8% in 7M

Ukraine consumed 2.84 million tons of rolled products in 7M

In January–July 2021, Ukraine ramped up domestic consumption of rolled products by 11.85% to 2.84 million tons y-o-y, according to Ukrmetallurgprom citing the V.S.K. Group.

The share of imports in the total volume of Ukraine’s rolled products market accounted for 20.33%, or 577.3 thousand tons, 5.05% down from the previous year.

The share of flat products in the total imports increased and exceeded the share of rolled sections, 55.14% and 42.65% respectively.

The main sources of Ukraine’s imports of rolled products were:

• CIS — 39.7%;
• EU — 22.4%;
• other European countries — 19.4%.

In 2020, Ukraine increased domestic consumption of rolled products by 4.4% to 4.7 million tons against 2019. The share of imports declined by 5.2%, y-o-y.