Consumption of rolled products in Ukraine increased by 4% in 2021

In 2021, Ukraine increased domestic consumption of rolled products by 4.14% to 5.12 million tons y-o-y, according to Ukrmetallurgprom citing the V.S.K. Group.

The share of imports in the total volume of Ukraine’s rolled products market accounted for 22.6%, or 1.16 million tons, 2.35% down from the previous year.

The share of flat products in the total imports increased and exceeded the share of rolled sections, 54.2% and 42.5% respectively.

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

  • CIS — 35.3%,
  • EU — 22.1%,
  • Asia — 21.9%.

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.

Share
Published by
Vadim Kolisnichenko
Tags: rolled products metal consumption Ukrmetallurgprom
  • Global Market

Electrical steel becomes a key product in China’s steel industry

Global decarbonization is turning electrical steel into one of the key products of China's ferrous…

Friday May 3, 2024
  • Global Market

UAE and Oman agree on a $32 billion green megaproject

The United Arab Emirates (UAE) and Oman have signed an investment agreement worth AED 117…

Friday May 3, 2024
  • Global Market

Germany imported 155 thousand tons of steel from third countries in January-February

In January-February 2024, Germany increased its imports of rolled steel products from third countries by…

Thursday May 2, 2024
  • Global Market

Belgium reduced steel production by 5.7% y/y in March

Belgian steelmakers reduced steel production by 5.7% in March 2024 compared to March 2023, to…

Thursday May 2, 2024
  • Companies

Ferrexpo decreased total carbon emissions by 32% in 2023

In 2023 Ferrexpo, the London listed iron ore company with assets in Ukraine, emitted 384…

Thursday May 2, 2024
  • Companies

In 2023 safety performance of Ferrexpo remained strong

In 2023 Ferrexpo, the London listed iron ore company with assets in Ukraine, recorded zero…

Wednesday May 1, 2024