Ukraine’s rolled steel consumption down 37.8 percent in Jan-Oct

Thursday, 19 November 2009 10:00:34 (GMT+3)   |  
       

According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January-October this year Ukraine consumed about 4.72 million mt of rolled steel products, down 37.8 percent year on year.

During the period in question, the share of imports in the domestic rolled steel product market decreased to 11.9 percent, from 20.4 percent in the same period last year, amounting to 591,000 mt.

In January-October 2009 Ukraine's consumption of primary rolled steel products, excluding pipes, was as follows: 

Product

 Jan-Oct 2008 (mt)

 Jan-Oct 2009 (mt)

Change (mt)

  Change (%)

Rebar

957,209

437,530

-519,679

-54.3

Beam

94,532

33,444

-61,088

-64.6

Wire rod

553,316

402,601

-150,715

-27.2

HRC

2,567,338

1,577,010

-990,327

-38.6

CRC

477,480

231,478

-246,001

-51.5

Angle

282,456

130,270

-152,187

-53.9

Channel

226,201

118,927

-107,273

-47.4

Others

2,429,156

1,787,603

-641,554

-26.4

Market capacity

7,587,687

4,718,864

-2,868,824

-37.8


Just as in the corresponding period of the previous year, in January-October this year the biggest share in Ukrainian domestic rolled steel product consumption was held by hot rolled coil, with more than a third of the total volume of deliveries at 33.42 percent, followed by rebar and wire rod, with 9.27 percent and 8.53 percent respectively.
 
In January-October this year, Ukraine's main consumer of rolled steel remained the pipe sector, which increased its share of overall consumption in the domestic steel market from 25.3 percent to 26.7 percent, while the local metal trade sector, which occupied first place in the first ten months of 2008, saw its share decrease from 33.9 percent to 25.3 percent.

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