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

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

20162017201820192020
Rolled products, total, thsd t4840504753944697,34903,9
Ukraine-made products, thsd t37843745395232783676
Imported products, thsd t1056130214421419,31227,9
Imported products, %21,825,826,730,225,4
Domestic market, %4,36,9-12,94,4

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.

  • Companies

Metinvest Pokrovskvugillia produced 193 thousand tons of coal concentrate in April

Svyato-Varvarinska Enrichment Plant, part of Metinvest Pokrovskvugillia, produced 193 thousand tons of coal concentrate in…

Friday May 17, 2024
  • Companies

Liberty considers recapitalization or sale of assets in Western Europe

Liberty Steel is considering recapitalizing or selling its main European rolling lines. This is stated…

Thursday May 16, 2024
  • Industry

Business has identified 4 key conditions for effective climate policy in Ukraine

During the discussion of the draft Strategy for the Implementation of the Greenhouse Gas Emissions…

Thursday May 16, 2024
  • Infrastructure

Port of Riga increased transshipment of iron and steel products by 39.7% y/y in Q1

In January-March 2024, the Freeport of Riga increased transshipment of mining and metals products by…

Thursday May 16, 2024
  • Global Market

Canadian steelmakers are in favor of strengthening protective measures against steel imports

Steelmakers in Canada have called on the authorities to take more active steps following the…

Thursday May 16, 2024
  • Companies

Sukha Balka is carrying out a large-scale upgrade of equipment at Yuvileyna mine

Sukha Balka Mine, part of DCH Steel Group, is carrying out a large-scale upgrade of…

Thursday May 16, 2024