The Ukrainian Metal

Ukraine rolled steel consumption in 2 months up by 22% YoY

According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to February this year Ukraine consumed 764,100 tons of rolled steel products up by 21.8% YoY.


In February 2010 Ukrainian consumption of rolled steel products increased by 2.5% compared to January and by 14% compared to February last year.
In January to February this year the share of imports in the domestic rolled steel product market amounted to 22% YoY up from 8.1% YoY.
During the first two months of the current year the country registered a YoY increase in the consumption of all types of rolled steel products, excluding rebar and channels. At the same time, the biggest YoY increases were seen in the consumption of angles and beams, rising by 78% and 57% respectively.
In January-February 2010, Ukraine’s consumption of rolled steel products, excluding pipes, was as follows:

Product

February 2010, tons

January 2010, tons

Rebar

34,597

18,657

Beam

3,120

4,498

Wire rod

31,919

35,451

HRC

130,774

149,865

CRC

18,764

22,116

Angle

14,476

18,215

Channel

7,549

7,343

Other

145,522

121,247

Overall consumption

386,721

377,392

Product

January-February 2010, tons

January-February 2009, tons

Change, %

Rebar

53,254

84,929

-37.3

Beam

7,618

4,853

57.0

Wire rod

67,371

60,163

12

HRC

280,639

257,486

9.0

CRC

40,880

38,130

7.2

Angle

32,691

18,349

78.2

Channel

14,893

21,125

-29.5

Other

266,769

142,174

87.6

Overall consumption

764,113

627,209

21.8

In January to February this year, Ukraine’s largest consumer of rolled steel was the metal trade sector, the supplies to which amounted to 28.2% of total rolled steel product deliveries, followed by the pipe sector, with its share of overall consumption in the domestic rolled steel market amounting to 25%. (SteelOrbis) 

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