Ukrainian steel imports almost triple in Jan-Feb

Friday, 12 March 2010 16:04:48 (GMT+3)   |  

According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in the first two months of 2010 Ukraine's imports of steel products amounted to about 176,500 mt, almost triple the volume for the same period last year.

In January-February 2010, the share of tubular billets in the overall steel imports to Ukraine increased from 22.8 percent in the same period last year to 30.1 percent, the share of HRC went up from 12.1 percent to 27.9 percent, the share of rounds rose from seven percent to 10.9 percent, while the share of galvanized steel increased from 5.3 percent to 10 percent. These increases are due to the significant drop in rebar imports (from 25.1 percent to two percent), as well as due to the year-on-year decreases of the shares of pipes and CRC in Ukraine's total volume of steel imports, from 14.6 percent to 4.8 percent and from 9.4 percent to 5.3 percent respectively, UGMK noted.
  
In February 2010, the biggest share in overall steel imports to Ukraine was held by tubular billets (35.3 percent - up 11.4 percent month on month), followed by HRC (23.6 percent - down 9.5 percent month on month), rounds (10.5 percent - down one percent month on month), and galvanized steel (9.5 percent - down one percent month on month).

In January-February 2010, imports of steel products in Ukraine were as follows: 

Product

 Jan-Feb 2009 (mt)

Jan 2010 (mt)

Feb 2010 (mt)

Jan-Feb 2010 (mt)

Change (mt)

Change (%)

Rebar

 14,942

 2,060

 1,426

 3,486

 -11,456

 -76.7

Beam

 243

 542

 754

 1,296

 +1,053

 +433.7

Wire rod

 532

 1,743

 385

 2,128

 +1,596

 +300.2

Rounds

 4,214

 9,276

 10,039

 19,314

 +15,100

 +358.3

HRC

 7,216

 26,711

 22,605

 49,316

 +42,101

 +583.5

Galvanized steel

 3,144

 8,468

 9,146

 17,614

+ 14,470

 +460.3

CRC

 5,573

 4,577

 4,856

 9,433

 +3,859

 +69.2

Pipes

 8,698

 3,148

 5,387

 8,536

 -162

 -1.9

Angle

 330

 43

 445

 488

+ 158

+47.9

Channel

 116

 76

 41

 117

+ 1

+1.1

Tubular billet

 13,562

 19,291

 33,811

 53,102

+ 39,540

+291.6

Other

 846

 4,708

 6,947

 11,656

+ 10,809

 +1277.7

Total

 59,415

 80,644

 95,841

 176,485

 +117,070

+ 197

In January-February 2010, Ukraine's main importers of steel were the pipe sector, which increased its share of overall steel imports into the country to 46.6 percent, from 27.8 percent for January-February 2009, while the machine building sector saw its share of overall imports rising to 18.7 percent, compared to 15.6 percent in the same period last year. Meanwhile, the local metal trade sector saw a decrease in its share of steel imports to 15.4 percent, down from 35.4 percent in the first two months of 2009, UGMK said.

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