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Ukraine’s rolled steel consumption up 21.8 percent in Jan-Feb

Wednesday, 17 March 2010 14:24:05 (GMT+3)   |  

According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January-February this year Ukraine consumed 764,100 mt of rolled steel products, up 21.8 percent year on year.

In February 2010, Ukraine's consumption of rolled steel products increased by 2.5 percent compared to January and by 14 percent compared to February last year.

In January-February this year, the share of imports in the domestic rolled steel product market amounted to 22 percent, up from 8.1 percent in the same period last year.

During the first two months of the current year, the country registered a year-on-year increase in the consumption of all types of rolled steel products, excluding rebar and channels. At the same time, the biggest year-on-year increases were seen in the consumption of angles and beams, rising by 78 percent and 57 percent respectively.

In January-February 2010, Ukraine's consumption of rolled steel products, excluding pipes, was as follows:  

Product

Jan-Feb 2009 (mt)

Jan 2010 (mt)

Feb 2010 (mt)

Jan-Feb 2010 (mt)

Jan-Feb 2010/2009 change (mt)

Jan-Feb 2010/2009 change (%)

Rebar

84,929

18,657

34,597

53,254

-31,675

-37.3

Beam

4,853

4,498

3,120

7,618

+2,765

+57

Wire rod

60,163

35,451

31,919

67,371

+7,208

+12

HRC

257,486

149,865

130,774

280,639

+23,153

+9

CRC

38,130

22,116

18,764

40,880

+2,750

+7.2

Angle

18,349

18,215

14,476

32,691

+14,342

+78.2

Channel

21,125

7,343

7,549

14,893

-6,233

-29.5

Other

142,174

121,247

145,522

266,769

+124,594

+87.6

Overall consumption

627,209

377,392

386,721

764,113

+136,904

+21.8

In January-February this year, Ukraine's biggest consumers of rolled steel were the metal trade sector, the shipments to which amounted to 28.2 percent of total rolled steel product deliveries, followed by the pipe sector, with its share of overall consumption in the domestic rolled steel market amounting to 25 percent.


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