The Ukrainian Metal

Ukraine: metal market in 2016

In 2016 Ukrainian iron and steel works produced 23.5 million tons of pig iron, 24.2 million tons of steel and 21.4 million tons of rolled metal, all up by 8%, 6% and 6% YoY respectively.

Exports increased by 0.2% YoY, to 21.4 million tons, valued at $7.2 billion, down by 10.3% YoY.

Semi-finished products, rolled steel and metal raw materials were the main products exported, with 7.7 million tons, or 36.2%, 9.5 million tons, or 44.5%, and 3.7 million tons, or 17.3% respectively.

Rolled metal exports increased by 6.4%, of semis – dropped by 0.1%, and of raw materials – by 12.2%.

EU countries accounted for 33.5% of Ukrainian exports, Africa – 20.7%, Eastern Europe – 19.2%, Near East – 13.2%, CIS – 7.2%, and other countries – 6.2%.

In 2016 Ukraine imported 809.8 thousand tons of metal valued at $1.14 billion, up by 17.8% and by 42.8% YoY respectively. Rolled steel (616.2 thousand tons, or 76.1%), alloyed rolled steel (121.4 thousand tons, or 15%) and metal raw materials (61.8 thousand tons, or 7.6%) were the main products imported. (Ukrainian metal)

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