According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to August 2009 Ukraine steel market capacity registered a 42.9%YoY to about 3.643 million tonnes.
In August this year steel product deliveries in the Ukrainian domestic market amounted to 600,000 tonnes. Ukrainian Mining and Metallurgical Company said “Since October 2008 this is the maximum index of the monthly volumes of the steel product deliveries to the domestic market. Compared to August 2008, the volume of deliveries decreases by just 6.1%.”
Just as in the corresponding period of the previous year, in January to August this year the biggest share in Ukrainian domestic rolled steel product consumption was held by hot rolled coil more than a third of the total volume, followed by rebar and wire rod with nine percent and 8.5% respectively.
In January to August 2009, Ukraine main consumer of steel remained the pipe sector, which increased its share of overall consumption in the domestic steel market from 23.8% to 28% while the local metal trade sector, which occupied first place in 2008, saw its share decrease from 35.1% to 25.1%. (SteelOrbis)