According to the Ukrainian Center for Steel Construction (USCC), in October 2019 the price of metal construction products in Ukraine in the national currency decreased on average by 4 percentage points (hereinafter PP). Given the dynamics of the hryvnia exchange rate in US dollars and euros, the average price decreased by 7 percentage points and 9 percentage points respectively. In January – October 2019 composite index of construction products in the national currency decreased by 20.3 percentage points to 79.7%.
", Apparent steel consumption in Ukraine (in 2019 will amount to 4.7 million tons) will continue to rise to 3-4% per year due to the economic recovery and the low comparative base after the crisis 2014-2015 Price dynamics on the domestic market will match the global trends", says CEO of Metinvest-SMC Igor Tonev.
for 2019 the index of prices on the channel has declined 20 percentage points to 80%, on a beam – by 16.2 percentage points to 83.8 per cent.
In October 2019, the situation on world markets for Ukrainian exporters continued to deteriorate due to further contraction of world trade. This is stated in the "Macroeconomic and monetary review" of the National Bank of Ukraine.
"We believe that the Ukrainian steel industry is likely to remain under pressure in coming years due to a combination of domestic and global issues," analysts Fitch.
the Value of the composite index of prices for metal construction products and its components in October 2019.
| Index | the value at the end of the month % | ||
| UAH | dollars. USA | € | |
| composite index | to 95.7 | 92,3 | for 90.9 |
| including: | |||
| civil list | 94,5 | 91,4 | 89,66 |
| Beam | 96,9 | 93,4 | 92,03 |
| Channel | 98,3 | 95,2 | 93,36 |
| Area | 98,2 | 95,1 | 93,23 |
| pipe | 95,1 | 92,1 | 90,26 |
| Round pipe | 95,1 | 92,0 | 90,3 |
| Average change by component, p. p. | 4 | 7 | 9 |
