In January-November this year, Ukrainian enterprises increased their consumption of rolled metal products by 2.06 times compared to the same period last year, up to 3 million 246.6 thousand tons.
According to a press release issued by Ukrmetallurgprom on Monday, 1 million 26.6 thousand tons, or 31.62% of the domestic rolled steel market, were imported during this period.
According to Ukrmetallurgprom, in January-November 2023, Ukrainian steelmakers produced 4.86 million tons of rolled metal products (92.8% compared to the same period in 2022), of which, according to the Expert and Scientific Council of UAVtormet, about 2.64 million tons, or 54.4%, were exported. In the same period of 2022, the share of exports amounted to 80.4% (4.21 million tons with a total production of 5.24 million tons of rolled metal products).
The share of semi-finished products in export deliveries for 11 months of 2023 amounted to 41.79%, which is significantly lower than in the same period of 2022 (43.31%). The share of flat products in export deliveries in 11 months of 2023 is slightly higher than in January-November 2022 (38.46% and 36.64%, respectively). The share of long products is comparable to the figure for 11 months of 2023 (19.74% in 2023 vs. 20.05% in 2022).
“In January-November 2023, the domestic market capacity amounted to 3246.6 thousand tons of rolled steel, of which 1026.6 thousand tons or 31.62% were imported. In the same period of 2022, the domestic market capacity amounted to 1577.6 thousand tons, of which 549.6 thousand tons or 34.86% were imported. Thus, in 11 months of 2023, there was an increase in the domestic market capacity by 105.79% compared to January-November 2022, while the share of the import component decreased by 3.22%,” the press release states.
The structure of imports in January-November 2023 is still characterized by a significant dominance of flat products over long products (75.78% and 24.16%, respectively); in the same period of 2022, the dominance of flat products over long products was also significant (67.69% and 31.30%, respectively).
The main export markets for Ukrainian steel products in January-November 2023, according to the data of the ETS “UAVtormet”, are the countries of the European Union (78.5%) and the rest of Europe (7.2%).
Among metallurgical importers for 11 months of 2023, the first place is occupied by other European countries (41.2%), the second – by the EU-27 (32.4%), and the third – by Asian countries (18.9%).
