According to the data issued by the metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to July this year Ukraine consumed about 3.52 million tons of rolled steel products, up by 34% YoY.
In July, Ukraine’s consumption of rolled steel products increased by 12.6% MoM compared to June and rose by 24.1% YoY. In January to July the share of imports in the domestic rolled steel product market amounted to 20.5%, up from 13.8% YoY.
The biggest increases were seen in the consumption of angles and cold-rolled sheet, rising by 34.8% and 24.9% YoY in January to July 2010, while a decrease was seen just in the consumption of channels which dropped by 0.9% YoY. The consumption of cold-rolled sheet in July this year increased by 2% MoM and by 54.1% YoY.
During the first seven months of this year, UGMK noted the increase of the share of ‘other rolled steel products’ in Ukraine’s total volume of rolled steel product consumption to 37.7% from 25.8% YoY mainly due to the rise of 5.1 percentage points in the share of round billet, the increase of 1.4 percentage points in the share of round bar and the rise of 1.3 percentage points in the share of square billets. At the same time, during the period in question, UGMK noted a significant decrease of 7.3 percentage points in the share of hot-rolled steel.
In January to July Ukraine’s biggest consumers of rolled steel were the metal trade sector, shipments to which amounted to 28% 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 26.5% and machine-building with a share of 17.6%.
In January to July 2010, Ukraine consumption of rolled steel products, excluding pipes was as follows:
The biggest increases were seen in the consumption of angles and cold-rolled sheet, rising by 34.8% and 24.9% YoY in January to July 2010, while a decrease was seen just in the consumption of channels which dropped by 0.9% YoY. The consumption of cold-rolled sheet in July this year increased by 2% MoM and by 54.1% YoY.
During the first seven months of this year, UGMK noted the increase of the share of ‘other rolled steel products’ in Ukraine’s total volume of rolled steel product consumption to 37.7% from 25.8% YoY mainly due to the rise of 5.1 percentage points in the share of round billet, the increase of 1.4 percentage points in the share of round bar and the rise of 1.3 percentage points in the share of square billets. At the same time, during the period in question, UGMK noted a significant decrease of 7.3 percentage points in the share of hot-rolled steel.
In January to July Ukraine’s biggest consumers of rolled steel were the metal trade sector, shipments to which amounted to 28% 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 26.5% and machine-building with a share of 17.6%.
In January to July 2010, Ukraine consumption of rolled steel products, excluding pipes was as follows:
|
Product
|
January-July 2009, t
|
January-July 2010, t
|
Change, %
|
|
Rebar
|
270,777
|
305,518
|
12.8
|
|
Beam
|
19,862
|
24,254
|
22.1
|
|
Wire rod
|
261,645
|
290,072
|
10.9
|
|
HR sheet/coil
|
1,079,899
|
1,190,360
|
10.2
|
|
CR sheet
|
155,436
|
194,158
|
24.9
|
|
Angle
|
87,035
|
117,325
|
34.8
|
|
Channel
|
73,522
|
72,872
|
-0.9
|
|
Other
|
677,799
|
1,325,384
|
95.5
|
|
Overall consumption
|
2,625,975
|
3,519,942
|
34
|
(SteelOrbis)