Consumption of rolled products in Ukraine grew by 19% in 10M

In January–October 2021, Ukraine ramped up domestic consumption of rolled products by 19.4% to 4.32 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 22.4%, or 969.7 thousand tons, 6% down from the previous year.

The share of flat products in the total imports increased and exceeded the share of rolled sections, 54.7% and 42.3% respectively.

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

• CIS — 35.4%;
• Asia — 21.6%;
• EU — 20.5%.

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.