According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in January-May this year Ukraine consumed 2.41 million mt of rolled steel products, up 38.4 percent year on year.
In May 2010, Ukraine's consumption of rolled steel products increased by 3.8 percent compared to April and by 45.1 percent compared to May last year.
In January-May this year, the share of imports in the domestic rolled steel product market amounted to 20.4 percent, up from 12.1 percent in the same period last year.
The biggest increase was seen in the consumption of angles, rising by 63.3 percent year on year in January-May 2010, or by 110.8 percent year on year in May this year. Meanwhile, rebar consumption, which saw a two percent decrease year on year in January-April 2010, has increased by 3.8 percent year on year in January-May this year.
During the first five 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 37.1 percent from 24.5 percent in the same period last year, mainly due to the rise of 6.4 percentage points in the share of round billet, the increase of 1.4 percentage points in the share of square billet, the rise of 1.3 percentage points in the share of round bar, and the increase of 0.5 percentage points in the share of galvanized steel. At the same time, during the period in question, UGMK noted a significant decrease of 7.4 percentage points in the share of hot rolled steel and a drop of 2.8 percentage points in the share of rebar.
In January-May this year, Ukraine's biggest consumers of rolled steel were the metal trade sector, the shipments to which amounted to 27 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 24.8 percent, and machine building, with a share of 17.2 percent.
In January-May 2010, Ukraine's consumption of rolled steel products, excluding pipes, was as follows:
Jan-May 2009 |
Jan-May 2010 |
Jan-May 2010/2009 change (mt) |
Jan-May 2010/2009, change (%) |
May 2010/May 2009, change (mt) |
May 2010/May 2009, change (%) |
|
193,757 |
201,124 |
+7,367 |
+3.8 |
+10,507 |
+26.3 |
|
Beam |
13,947 |
17,175 |
+3,228 |
+23.1 |
+856 |
+32 |
162,419 |
199,800 |
+37,381 |
+23 |
+2,093 |
+5.4 |
|
HR sheet/coil |
730,822 |
832,544 |
+101,723 |
+13.9 |
+22,128 |
+12.9 |
CR sheet/coil |
110,181 |
124,644 |
+14,462 |
+13.1 |
+9,498 |
+45.8 |
Angle |
54,054 |
88,254 |
+34,200 |
+63.3 |
+8,324 |
+110.8 |
Channel |
48,194 |
52,911 |
+4,717 |
+9.8 |
+2,145 |
+28 |
Other |
427,012 |
892,746 |
+465,734 |
+109.1 |
+120,412 |
+118.4 |
Overall consumption |
1,740,386 |
2,409,198 |
+668,812 |
+38.4 |
+1,75,962 |
+45.1 |