In January–October, Ukraine consumed 3.6 million tons of rolled products
In January–October 2020, Ukrainian steelmakers reduced domestic consumption of rolled products by 5.6% to 3.6 million tons compared to the same period a year earlier.
This was reported by Ukrmetallurgprom based on its own data and information from ETR-Spektr LLC.
The share of imports in the total volume of the rolled products market in Ukraine was 1.03 million tons, or 28.4%. Compared to 10M 2019, the share of imports shrank by 3.4 pp.
The share of flat products in total imports increased and exceeded that of rolled sections, 56.38% and 42.44% respectively.
The main sources of Ukraine’s imports of rolled products were:
- CIS — 36.2%;
- EU — 25.1%;
- Asia — 21.3%.
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.