Consumption of rolled products in Ukraine increased by 18.7% in 2M 2021

In January–February 2021, Ukrainian steelmakers increased domestic consumption of rolled products by 18.7% to 766 thousand tons compared to the same period a year earlier, according to Ukrmetallurgprom citing ETR-Spektr LLC.

The share of imports in the total volume of Ukraine’s rolled products market accounted for 14.4%, or 110 thousand tons. This is 10.9% down from the previous year.

The share of flat products in total imports increased and exceeded the share of rolled sections, 54.55% and 42.82% respectively.

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

• CIS — 53.3%,
• EU — 24.9%,
• Asia — 11.6%.

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