The Ukrainian Metal

Ukrainian steel imports in 11 months shrink by 61% YoY

According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company, during January to November 2009 Ukraine imports of steel products registered a decline of 61.1% YoY to about 649,000 tons.

Compared with July this year when the country steel product imports reached a peak monthly volume for the year so far, the import of steel products in November fell by 36.8% to 57,300 tons down by 9.1% MoM. However, due to the beginning of the crisis in October 2008 and also due to the sharp decrease of steel product imports in November 2008, steel imports in November this year increased by 13.1% YoY.
Accordingly, in January to November this year, the biggest decreases YoY in imports in the Ukrainian steel market were registered by shaped sections, imports of channels dropped by 85.9% YoY, imports of angles fell by 84% YoY while imports of beams went down by 71.2% YoY. The next biggest decreases in imports were recorded by flat steel products, HRC imports dropped by 84.8% YoY, CRC imports fell by 60.6% YoY and galvanized steel imports went down by 45.2%.

In January to November 2009, imports of steel products in Ukraine were as follows, tons:

Product

January-November 2008

January-November 2009

Change, %

Rebar
102,256
50,073
-51.0
Beam
25,162
7,236
-71.2
Wire rod
19,965
7,462
-62.6
Rounds
82,635
61,287
-25.8
HRC
692,721
105,315
-84.8
Galvanized steel
163,457
89,510
-45.2
CRC
195,971
77,155
-60.6
Pipes
75,378
32,931
-56.3
Angle
21,034
3,372
-84.0
Channel
16,956
2,394
-85.9
Tubular billet
190,866
198,007
3.7
Other
83,953
14,504
-82.7
Total

1,670,356

649,246

-61.1

(SteelOrbis)

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