According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in January-July this year Ukraine consumed about 3.52 million mt of rolled steel products, up 34 percent year on year.
In July, Ukraine's consumption of rolled steel products increased by 12.6 percent compared to June and rose by 24.1 percent compared to July last year.
In January-July this year, the share of imports in the domestic rolled steel product market amounted to 20.5 percent, up from 13.8 percent in the same period last year.
The biggest increases were seen in the consumption of angles and cold rolled sheet, rising by 34.8 percent and 24.9 percent year on year in January-July 2010, while a decrease was seen just in the consumption of channels, which dropped by 0.9 percent year on year. The consumption of cold rolled sheet in July this year increased by two percent compared to June and by 54.1 percent compared to July 2009.
During the first seven months of this year, UGMK noted the increase of the share of ‘other rolled steel products' in Ukraine's total volume of rolled steel product consumption to 37.7 percent from 25.8 percent in the same period last year, mainly due to the rise of 5.1 percentage points in the share of round billet, the increase of 1.4 percentage points in the share of round bar, and the rise of 1.3 percentage points in the share of square billets. At the same time, during the period in question, UGMK noted a significant decrease of 7.3 percentage points in the share of hot rolled steel.
In January-July this year, Ukraine's biggest consumers of rolled steel were the metal trade sector, shipments to which amounted to 28 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 26.5 percent, and machine building, with a share of 17.6 percent.
In January-July 2010, Ukraine's consumption of rolled steel products, excluding pipes, was as follows:
Jan-July 2009 | Jan-July 2010 | Jan-July 2010/Jan-July 2009, change (mt) | Jan-July 2010/Jan-July 2009, change (%) | July 2010/July 2009, change (mt) | July 2010/July 2009, change (%) | |
270,777 | 305,518 | +34,741 | +12.8 | +8,377 | +20.2 | |
Beam | 19,862 | 24,254 | +4,391 | +22.1 | +802 | +24.6 |
261,645 | 290,072 | +28,427 | +10.9 | -9,541 | -16.7 | |
HR sheet/coil | 1,079,899 | 1,190,360 | +110,461 | +10.2 | -6,721 | -3.5 |
CR sheet | 155,436 | 194,158 | +38,723 | +24.9 | +12,327 | +54.1 |
Angle | 87,035 | 117,325 | +30,289 | +34.8 | -3,835 | -21.3 |
Channel | 73,522 | 72,872 | -650 | -0.9 | -196 | -1.6 |
Other | 677,799 | 1,325,384 | +647,585 | +95.5 | +113,080 | +87.3 |
Overall consumption | 2,625,975 | 3,519,942 | +893,968 | +34 | +114,292 | +24.1 |