Ukrainian enterprises have increased the consumption of rolled metal

Ukrainian industrial enterprises in January-May 2021 increased consumption of rolled metal by 9.04% compared to the same period last year – up to 1 million 809.7 thousand tons.

During the reporting period, 377.7 thousand tons were imported, or 20.87% of the domestic steel consumption market. The consumption of the domestic market amounted to 1809.7 thousand tons of rolled metal, of which 377.7 thousand tons, or 20.87%, accounted for imports. Over the five months of 2021, there is an increase in the capacity of the domestic market for rolled metal products by 9.04% compared to January-May 2020, with a simultaneous decrease in the share of the import component by 5.32%.

At the same time, the structure of imports in January-May 2021 is characterized by a significant domination of flat products over long products (54.73% and 43.13%, respectively). In the same period of 2020, the dominance of flat products over long products was not so noticeable (50.98% and 47.20%, respectively).

In January-May 2021, Ukrainian metallurgical enterprises produced 8.02 million tons of rolled metal (107.98% compared to January-May 2020), of which about 6.59 million tons, or 82.1%, were exported. For five months of 2020, the share of exports was 83.5% (6.21 million tons with a total production of 7.43 million tons of rolled metal). The share of semi-finished products in export deliveries for January-May 2021. accounted for 46.38%, which is lower than the indicator for the same period in 2020 (49.74%). The share of flat-rolled products in export deliveries in January-May-2021 is noticeably higher than in January-May-2020. (38.08% and 32.05%, respectively). The share of long products in export deliveries for five months of 2021 is inferior to the indicator for the same period in 2020 (15.54% versus 18.21%).

The main export markets for Ukrainian metal products in January-May 2021 are the countries of the European Union (33.7%), other European countries (21.3%) and South American countries (10.7%). Among metallurgical importers, the first place is taken by the CIS (45.1%), the second by the EU – 27 (23.1%), and the third – by Asian countries (15.6%). As reported, Ukrainian enterprises in 2020 increased the consumption of rolled metal by 4.4% compared to 2019 – up to 4 million 903.9 thousand tons. Imported 1 million 227.9 thousand tons, or 25.4% of the domestic market for the consumption of rolled metal.

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