The Ukrainian Metal

Ukrainian rolled steel imports increase by 142% in Q1

According to the data released by the metal trading enterprise Ukrainian Mining and Metallurgical Company, in the Q1 of 2010 Ukraine imports of rolled steel products amounted to about 284,300 tons, up by 142.2% YoY.
In March this year Ukraine increased its imports of rolled steel products by 12.5% compared to February, and by 85.9% YoY.

In Q1 2010, imports of steel products in Ukraine were as follows:

Product

Q1 2009, t

Q1 2010, t

Change, %

Rebar

24,797

6,433

-74.1

Beam

2,000

2,156

7.8

Wire rod

1,522

3,537

132.4

Round bars

9,457

28,501

201.4

HR sheet/coil

16,529

78,561

375.3

Galvanized steel

8,908

28,448

219.4

CR sheet/coil

12,643

16,546

30.9

Round billet

28,889

90,901

214.7

Pipes

10,383

11,729

13

Angle

347

629

81.3

Channel

904

592

-34.5

Other

1,021

16,262

1493.1

Total

117,399

284,297

142.2

In Q1 2010, the biggest share in overall steel imports to Ukraine was held by round billets, which increased from 24.6% YoY to 32%. In addition, during the period in question the share of HR sheet/coils went up from 14.1% to 27.6%, the share of round bars rose from 10% to 12% while the share of galvanized steel increased from 10% to 12.4%. UGMK noted that these increases are due to the significant drop in rebar imports as well as due to the YoY decreases in the shares of pipes and CR sheet/coils in Ukraine’s total volume of steel imports, which dropped from 8.8% to 4.1% and from 10.8% to 5.8% respectively.
The main suppliers of round billets to Ukraine in Q1 this year were еру Oskol Metallurgical Plant (Russia), a subsidiary of Metalloinvest, and the Byelorussian Iron and Steel Works, the shares of which amounted to 72.4% and 20.9% respectively of total supplies. About 84.4% of total imports of round billets were supplied to Interpipe pipemaking subsidiaries. Meanwhile, Ukraine main importers of HR sheet/coils in Q1 were Russian steelmakers Magnitogorsk Iron and Steel Works and Severstal, the respective shares of which amounted to 83.3% and 9.1% of total deliveries.
UGMK said in Q1 2010, Ukraine main importers of rolled steel products were the pipe sector, which increased its share of overall steel imports into the country to 47.7% from 32.2% for Q1 2009, and the machine-building sector, which saw its share of overall imports rise to 19.6% compared to 16.6% in the same period last year. Meanwhile, the local metal trade sector saw a decrease in its share of steel imports to 15.5%, down from 36.5% in the first three months of 2009. (SteelOrbis)

Exit mobile version