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 (%) |
84,929 | 18,657 | 34,597 | 53,254 | -31,675 | -37.3 | |
Beam | 4,853 | 4,498 | 3,120 | 7,618 | +2,765 | +57 |
60,163 | 35,451 | 31,919 | 67,371 | +7,208 | +12 | |
257,486 | 149,865 | 130,774 | 280,639 | +23,153 | +9 | |
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.