Ukraine consumed 4.7 million tons of rolled products over the year
In 2020, Ukraine’s steelmaking companies increased domestic consumption of rolled products by 4.4% to 4.7 million tons against 2019, according to Ukrmetallurgprom citing ETR-Spektr LLC.
The share of imports in the total volume of Ukraine’s rolled products market was 1.23 million tons, or 25.4%. This is 5.2% down from the previous year.
Domestic market for rolled products in 2016–2020, thsd t
|Rolled products, total, thsd t||4840||5047||5394||4697,3||4903,9|
|Ukraine-made products, thsd t||3784||3745||3952||3278||3676|
|Imported products, thsd t||1056||1302||1442||1419,3||1227,9|
|Imported products, %||21,8||25,8||26,7||30,2||25,4|
|Domestic market, %||–||4,3||6,9||-12,9||4,4|
The share of flat products in total imports increased and exceeded that of rolled sections, 55.84% and 42.93% respectively.
The main sources of Ukraine’s imports of rolled products were:
- CIS — 38.5%,
- EU — 24.5%,
- Asia — 20.5%.
As GMK Center reported earlier, in 2019, Ukraine cut domestic consumption of rolled products by 13.1% to 4.7 million tons against the previous year. The share of imports increased by 1.6% y-o-y.