Ukrainian enterprises increased the consumption of rolled metal by 4.64% in January-August 2018 compared to the same period of 2017, to 3.138 million tonnes.
According to statistics released by the Ukrmetallurgprom association, in January-August 2018, 948,500 tonnes were imported.
“In January-August 2018, the growth of metal consumption in the domestic market amounted to 4.64% compared to January-August 2017, with the outpacing growth of the import component (14.62%),” the association said in a press release.
According to the Ukrmetallurgprom, over the eight months ending August 2018, Ukrainian metallurgical enterprises produced 12.27 million tonnes of rolled metal products (104% compared to the same period in 2017, taking into account the activities in non-government controlled areas, or 108%, without taking them into account in January-February 2017) of which, according to the state-owned enterprise Derzhanalitinform, about 10.1 million tonnes or 82.2% was exported. This is slightly higher than in the same period in 2017, the share of exports in which amounted to 81.6% (9.62 million tonnes, with a total metal production of 11.79 million tonnes).
The share of semi-finished products in exports for the eight months amounted to 43.94%, which exceeds the figure for the period January-August last year (39.83%).
The main export markets of Ukrainian metal products in January-August 2018, according to Derzhanalitinform, are the countries of the European Union (33.4%), Africa (16.9%), other European countries, including Turkey (13.5%) and countries of the Middle East (11%).
Among metallurgical importers in January-August 2018, the first place is occupied by the CIS (56.6%), the second is shared by Asian countries (18.7%) and the European Union (18.3%).
