Steel consumption in Ukraine in January - September decreased by 5.2%

According to the OP "Ukrmetallurgprom" for the first 9 months of 2019, domestic consumers supplied 3501,8 thousand tons of rolled metal, of which 1075,8 thousand tons, or 30.7 percent, have to import. Over the same period in 2018, the domestic market consumed 3694,2 thousand tons of steel, of which 1078,2 thousand tons, or 29.2%, were imported. Thus, for 9 months of 2019 the reduction in the consumption of rolled products in the domestic market compared to January-September 2018 amounted to 5.2%, while the share of imports increased slightly (+1,5%).

metal Production in Ukraine for 9 months of 2019, made up of 14.09 million tons, 2% more than in the same period last year (APPG), which according to OOO "ETR-Spectrum", the exported order of 11.67 million tons, or 82.8%. In the same period in 2018 the share of exports accounted for 81.1%.

the share of semi-finished products of export for 9 months of 2019 had of 45.95%, which is 2 percentage points higher than in January-September 2018. The proportion of flat rolled export for 9 months, slightly lower than the same period last year (33,77% and 34,85%, respectively), the share of long products in the supply of external markets for 9 months of 2019 also slightly lower than in the same period of 2018 (20,28% and 21,38%).

Earlier it was reported that the head of the largest mining and metallurgical holding in Ukraine Metinvest said the high growth potential demand in the domestic market of the country and stressed that the level of steel consumption in the country is the lowest in Europe and compared with neighbouring countries.