Ukraine’s rolled steel consumption down 11.3 percent in Jan

Tuesday, 16 February 2010 13:45:00 (GMT+3)   |  

According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January this year Ukraine consumed 377,400 mt of rolled steel products, down 11.3 percent month on month, but up 31 percent year on year.

During the first month of 2010, the share of imports in the domestic rolled steel product market amounted to 20.5 percent - up by four times compared to January 2009.

During the month in question, the country registered a year-on-year increase in the consumption of all types of rolled steel products, excluding rebar, the supplies of which decreased by 59.2 percent compared to January 2009.

At the same time, compared to December 2009, Ukraine saw an increase in the consumption of HRC and angles, while the supplies of rebar decreased by three times.

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

Product

 Jan 2009   (mt)

 Dec 2009 (mt)

Jan 2010 (mt)

Jan 2010/    Jan 2009 change (%)

Jan 2010/   Dec 2009 change (%)

Rebar

45,714

54,805

18,657

- 59.2

- 66

Beam

1,729

4,305

4,192

+142.5

- 2.6

Wire rod

29,435

35,943

35,451

+20.4

- 1.4

HRC

115,516

130,800

149,865

+29.7

+14.6

CRC

13,808

35,218

22,116

+60.2

- 37.2

Angle

5,711

16,332

18,215

+21.9

+11,5

Channel

6,318

10,421

7,649

+21.1

- 26.6

Others

69,747

137,825

121,247

+73.8

- 12

Market capacity

287,977

425,649

377,392

+31

- 11.3

In January this year, Ukraine's main consumers of rolled steel remained the pipe sector, which increased its share of overall consumption in the domestic steel market by 8.2 percent month on month to 28.2 percent. The local metal trade sector saw its share of rolled steel consumption in January increase by 6.3 percent month on month to 26.8 percent, while the machine building sector held a 17.3 percent share of the market.


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