Consumption of rolled products in Ukraine grew by 9% in 5M

Ukraine consumed 1.8 million tons of rolled products in 5M

In January–May 2021, Ukrainian steelmaking companies increased domestic consumption of rolled products by 9.04% to 1.81 million tons compared to January–May 2020,

according to Ukrmetallurgprom citing V.S.K. Group.

The share of imports in the total volume of Ukraine’s rolled products market accounted for 20.87%, or 377.7 thousand tons, 13.1% down from the previous year.

The share of flats in the total imports increased and exceeded the share of rolled sections, 54.73% and 43.13% respectively.

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

• CIS — 45.1%,
• EU — 23.1%;
• Asia — 15.6%.

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.