Ukraine’s rolled steel consumption down 32.5 percent in Jan-Nov

Wednesday, 16 December 2009 09:58:34 (GMT+3)   |  
       

According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January-November this year Ukraine consumed about 5.351 million mt of rolled steel products, down 32.5 percent year on year.

During the period in question, the share of imports in the domestic rolled steel product market decreased to 11.5 percent, from 20.1 percent in the same period last year, amounting to 649,200 mt.

On the other hand, in November this year rolled steel product deliveries to the Ukrainian domestic market amounted to 576,400 mt, up 67 percent year on year but down 5.1 percent month on month.

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

Product

Jan-Nov 2008 (mt)

 Jan-Nov 2009 (mt)

Change (mt)

  Change (%)

Rebar

1,015,840

479,372

-536,468

-52.8

Beam

96,330

35,801

-60,529

-62.8

Wire rod

579,680

437,845

-141,835

-24.5

HRC

2,682,047

1,748,031

-934,016

-34.8

CRC

499,601

294,578

-205,023

-41.0

Angle

291,108

146,771

-144,335

-49.6

Channel

235,150

129,526

-105,623

-44.9

Others

2,533,188

2,079,455

-453,732

-17.9

Market capacity

7,932,944

5,351,380

-2,581,564

-32.5

Just as in the corresponding period of the previous year, in January-November this year the biggest share in Ukrainian domestic rolled steel product consumption was held by hot rolled coil, with just under a third of the total volume of deliveries at 32.67 percent, followed by rebar and wire rod, with 8.96 percent and 8.18 percent respectively.
 
In January-November 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 percent, while the local metal trade sector, which occupied first place in the first eleven months of 2008, saw its share decrease from 33.8 percent to 25 percent.


Similar articles

Turkey adjusts customs duty on some imported flat and long products

27 Jun | Steel News

China to remove export tax rebates on 146 steel products: HRC affected, not CRC and HDG 

28 Apr | Steel News

Slowdown in Turkey’s steel exports continues in September

17 Sep | Steel News

Turkish iron and steel product exports up 3.7 percent in Feb

15 Mar | Steel News

Metinvest expands its distribution network in Russian Federation

09 Aug | Steel News

Nucor nearly doubles earnings in Q2

22 Jul | Steel News

Spain’s crude steel output up 13.79 percent in 2010

11 Jul | Steel News

Japanese crude steel output rises for third straight month in February

23 Mar | Steel News

Japanese crude steel output drops in November after rising for two straight months

22 Dec | Steel News

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

22 Nov | Steel News