Results of rolled metal production in Ukraine for 10 months of 2020

During 10 months of 2020, metallurgical enterprises of Ukraine produced 15.17 million tons of rolled metal, which amounted to 3.4% compared to the same period in 2019, of which about 12.58 million tons or 82.9% were exported. For the same period last year, the share of exports was about 83.2% or 12.92 million tons, with a total production of 15.54 million tons of rolled metal.

The share of semi-finished products in export deliveries for 10 months of 2020 is 51.03%, which is noticeably higher than the indicator for the period January-October 2019 (47.02%). The share of flat products in export deliveries for 10 months of 2020 is slightly lower than the indicator for the same period in 2019 (32.08% and 33.45%, respectively). The share of long products in export deliveries for 10 months of 2020 is noticeably inferior to the indicator for the same period in 2019 (16.88% in 2020 against 19.53% in 2019).

In January-October 2020, 3.619 million tons of rolled metal were sold in the domestic market, of which 1.028 million tons, or 28.4%, were imports. For the same period in 2019, the capacity of the domestic market reached 3.83 million tons, of which 1217.4 thousand tons or 31.8% were imported. Consequently, for 10 months of 2020, there is a decrease in sales in the domestic market by 5.6% compared to January-October 2019, with a simultaneous decrease in the share of the import component by 3.4%.

The structure of imports for 10 months of 2020 is characterized by the domination of flat products over long products (56.38% and 42.44%, respectively); in the same period of 2019, the dominance of flat products over long products was more noticeable (56.89% and 40.12%, respectively).

The main export markets of Ukrainian metal products in January-October 2020, according to ETR-Spektr, are the countries of the European Union (28.9%), Asia (14.8%) and the rest of Europe (14.1%).

Among metallurgical importers for 10 months of 2020, the first place is occupied by the CIS (36.2%), the second is the EU-28 (25.1%), and the third is the countries of Asia (21.3%).

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