Consumption of rolled products in Ukraine increased by 4.4% in 2020

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

	2016	2017	2018	2019	2020
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

Source: Ukrmetallurgprom

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.