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Consumption of steel products in Ukraine for 11 months of 2020 increased by 4.3%

Ukraine / Ferrous metallurgy

In January-November 2020, the capacity of the metal products market in Ukraine increased to 4.3 million tons amid a drop in imports by almost 200 thousand tons.

Consumption of steel products in Ukraine for 11 months of 2020 increased by 4.3%

For the period from January to November 2020, the capacity of the domestic market of Ukraine amounted to 4 million 296 thousand tons of rolled metal, of which 1 million 130 thousand tons, or 26.3%, accounted for imports. For the same period in 2019, the capacity of the domestic market was 4 million 120.7 thousand tons, of which 1 million 327.7 thousand tons, or 32.2%, were imported. Thus, for 11 months of 2020, there is an increase in the capacity of the domestic market of rolled metal in Ukraine by 4.3% compared to January-November 2019, while the share of the import component has decreased by 5.9%.

According to the Ukrmetallurgprom Association of Enterprises, for 11 months of 2020, Ukrainian metallurgical enterprises produced 16.72 million tons of rolled metal, which is 0.4% less compared to the same period in 2019, of which, according to ETR-Spectr LLC ", Exported about 13.55 million tons, or 81.1%. In the same period of 2019, the share of exports amounted to 83.4% (13.98 million tons with a total production of 16.78 million tons of rolled metal).

The share of semi-finished products in export supplies for 11 months of 2020 accounted for 51.01%, which is significantly higher than the 47.02% indicator for the period January-November 2019. The share of flat products in export deliveries for 11 months of 2020 is slightly lower than the indicator for the same period in 2019 (32.46% and 33.23%, respectively). The share of long products in export deliveries for 11 months of 2020 is noticeably inferior to the indicator for the same period in 2019 (16.53% in 2020 against 19.75% in 2019).

The structure of Ukrainian imports of metal products for 11 months of 2020 is characterized by the domination of flat products over long products (56.28% and 42.55%, respectively); in the same period in 2019, the dominance of flat products over long products was slightly higher (56.15% and 40.92%, respectively).

Among metallurgical importers for 11 months of 2020, the first place is taken by the CIS (37.1%), the second by the EU-28 (24.8%), and the third by Asian countries (21.1%).

The main export markets of Ukrainian metal products in January-November 2020, according to ETR-Spectr, are the countries of the European Union (29.0%), Asia (15.0%) and other European countries (14.1 %).

МЕТАЛЛУРГПРОМ
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