The Ukrainian Metal

Ukrainian rolled steel imports in 4 months up by 139% YoY

According to the data released by the metal trading enterprise Ukrainian Mining and Metallurgical Company, in the first four months of 2010 Ukraine’s imports of rolled steel products more than doubled and amounted to around 403,300 tons, up by 139.2% YoY.

In April this year, Ukraine increased its imports of rolled steel products by 10.4% MoM to March and by 132.5% YoY. Rebar imports were almost nonexistent in April while imports of hot-rolled sheet products increased.

Product

January-April 2009, t

January-April 2010, t

Change, %

Rebar

33,550

6,973

-79.2

Beam

2,376

3,147

32.4

Wire rod

2,089

4,250

103.4

Round bar

15,216

35,242

131.6

HR sheet and coil

22,167

110,040

396.4

Galvanized steel

16,681

43,783

162.5

CR sheet and coil

20,239

25,435

25.7

Round billet

39,545

128,513

225

Pipe

13,251

15,827

19.4

Angle

997

2,178

118.5

Channel

1,259

1,220

-3.1

Other

1,230

26,717

2072

Total

168,600

403,325

139.2

In January to April 2010, the biggest share in overall steel imports to Ukraine was held by round billets which increased from 23.5 YoY to 31.9%. In addition, during the period in question the share of HR sheet/coils went up from 13.1% to 27.3% while the share of galvanized steel increased from 10.9% to 11.9%.
UGMK noted that these increases were 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 7.9% to 3.9% and from 12% to 6.8% respectively.
The main suppliers of round billets to Ukraine in January to April this year were Oskol Metallurgical Plant, a subsidiary of Metalloinvest (Russia), and the Byelorussian Iron and Steel Works, the shares of which amounted to 64.4% and 25.7% respectively of total supplies. About 84.9% of total imports of round billets were supplied to Interpipe pipemaking subsidiaries. Meanwhile Ukraine’s main importers of HR sheet/coils in the first four months of 2010 were Russian steelmakers Magnitogorsk Iron and Steel Works and Severstal, the respective shares of which amounted to 83.2% and 9.1% of total deliveries.
UGMK said during the period in question, Ukraine’s main importers of rolled steel products were the pipe sector, which increased its share of overall steel imports into the country to 47.2% from 29.9% for January to April 2009, and the machine-building sector, with its share of overall imports amounting to 18.1% compared to 21.4% YoY. Meanwhile, the local metal trade sector saw a decrease in its share of steel imports to 14.4% down from 35.4% in the first four months of 2009. (SteelOrbis)

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