The Ukrainian Metal

Ukrainian sheet steel market to grow twice by 2020

By 2020 Ukrainian sheet steel market would have increased twofold as compared to 2012, to around 1.2 million tons, says Andrey Ozeichuk, business-director of Ruuki-Ukraine.

But, according to his forecsts, next year Ukrainian demand for sheet steel would fall by 5-7%.

He says, sheet steel market volume last year was almost 510 thousand tons.

But in the first half of 2013 sheet steel market in Ukraine grew (taking into account warehouse stock) by 4%, to 245 thousand tons, compared to the same period of last year.

At the same time the half-year output of sheet steel decreased by 16%, to 144 thousand tons, while the exports fell by 20%, to 70.8 thousand tons. The imports increased by 30%.

According to Andrey Ozeichuk, the largest share in imports is held by low-quality steel from China, other main importers being ArcellorMittal, U. S. Steel and Ruuki. (Ukrainian metal)

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