According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company during January to October of 2009 Ukraine imports of steel products registered a decline of 63.5%YoY to about 591,000 tonnes. In October this year, the country steel product imports amounted to 62,100 tonnes down by 54.8%YoY and showing a decline of 7%MoM.
UGMK considers that the seasonal drop of demand from steel consuming industries and the deterioration of the country economic and financial situation are the main factors causing the decline of imports to Ukraine.
|
Product
|
Jan-Oct’08
|
Jan-Oct’09
|
Change
|
|
Rebar
|
88,935
|
47,429
|
-46.7%
|
|
Beam
|
24,133
|
6,619
|
-72.6%
|
|
Wire rod
|
19,509
|
5,866
|
-69.9%
|
|
Round
|
80,612
|
52,544
|
-34.8%
|
|
HRC
|
681,887
|
92,517
|
-86.4%
|
|
Galvanized steel
|
157,496
|
81,886
|
-48.0%
|
|
CRC
|
189,344
|
68,664
|
-63.7%
|
|
Pipes
|
70,545
|
29,254
|
-58.5%
|
|
Angle
|
20,849
|
3,109
|
-85.1%
|
|
Channel
|
16,946
|
2,204
|
-87.0%
|
|
Tubular billet
|
186,302
|
187,804
|
0.8%
|
|
Other
|
82,334
|
13,061
|
-84.1%
|
|
Total
|
1,618,892
|
590,958
|
-63.5%
|
In tonnes
According to the UGMK report, in the January to October period, Ukraine main importer of steel was the pipe sector which increased its share of overall steel imports into the country to 42.6%YoY from 29.8% YoY meanwhile the local metal trade sector has continued to see a decrease in its share of steel imports from 31.3% to 19.6%YoY. (SteelOrbis)