Ukrainian enterprises increased their consumption of rolled products by 18.7% in January and February 2021, year-over-year, to 766,000 tonnes.
According to a press release from the Ukrmetallurgprom association on Monday, some 110,000 tonnes were imported during this period, or 14.4% of the internal market for the consumption of rolled metal.
“In January and February 2021, the capacity of the internal market amounted to 766,000 tonnes of rolled metal, of which 110,000 tonnes, or 14.4%, accounted for imports. In January and February 2020, the capacity of the internal market was 645,300 tonnes, of which 163,300 tonnes, or 25.3%, were imported. Thus, in January and February 2021, there is an increase in the capacity of the internal market of rolled metal relative to January and February 2020 by 18.7% with a simultaneous decrease in the share of imported component by 10.95%,” the company said in the press release.
In addition, it is noted that the structure of imports in January and February 2021 is characterized by the dominance of flat products over long products (54.55% and 42.82%, respectively); in January and February 2020, on the contrary, the dominance of long products over flat products was observed (54.87% and 42.56%, respectively).
According to Ukrmetallurgprom, in January and February 2021, Ukrainian metallurgical enterprises produced 3.15 million tonnes of rolled metal (100.3% year-over-year), of which about 2.49 million tonnes were exported, or 79.2%. In January and February 2020 the share of exports was 84.7% (2.66 million tonnes with a total production of 3.14 million tonnes of rolled metal).
The share of semi-finished products in export deliveries accounted for 48.84% over two months of 2021, which is slightly lower than the indicator for the same period in 2020 (50.34%). Share of flat products in export deliveries in January and February 2021 significantly higher, year-over-year (35.97% and 30.55%, respectively). The share of long products in export deliveries in January and February 2021 noticeably inferior to the indicator for the same period in 2020 (15.20% in 2021 against 19.11% in 2020).
In January and February 2021 the main export markets of Ukrainian metal products were the countries of the European Union (29.9%), other European countries (23.5%) and the Middle East (9.9%).
Among metallurgical importers the CIS ranks first (53.2%), the EU-27 ranks second (24.9%), and Asian countries rank third (11.6%) over the first two months of 2021.
ROLLED PRODUCTS, UKRMETALLURGPROM
