Consumption of rolled products in Ukraine grew by 20% in 8M

In January–August 2021, Ukraine ramped up domestic consumption of rolled products by 20.1% to 3.51 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 20.32%, or 712.9 thousand tons, 5.8% down from the previous year.

The share of flat products in the total imports increased and exceeded the share of rolled sections, 55.16% and 42.68% respectively.

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

• CIS — 36.9%;
• EU — 21.8%;
• Asia — 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.