News Industry metal consumption 07 July 2021
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.