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Wednesday, 28 Oct 2009
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Ukrainian steel market in 9 months shrinks by 41pct YoY
Wednesday, 28 Oct 2009

According to the data issued by metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to September 2009 Ukraine steel market down by 41.1%YoY to about 4.165 million tonnes.

During the period in question, the share of imports in the domestic market decreased from 20%YoY to 12%YoY amounting to 527,900 tonnes of steel products.

In January to September 2009 Ukraine primary steel market capacity, excluding pipes, was as follows:

ProductJan-Sep'08Jan-Sep'09Change
Rebar0.9110.373-59.1
Beam0.0910.030-67.5
Wire rod0.5250.355-32.3
HRC 2.3721.423-40
CRC 0.4400.215-51.1
Angle0.2630.114-56.8
Channel0.2200.109-50.2
Others 2.2531.546-31.4
Market capacity 7.0754.165-41.1



In million tonnes

Just as in the corresponding period of the previous year, in January to September this year the biggest share in Ukrainian domestic rolled steel product consumption was held by hot rolled coil, with more than a third of the total volume at 34.17% followed by rebar and wire rod, with 8.95% and 8.52% respectively.

In January to September 2009, Ukraine main consumer of steel remained the pipe sector which increased its share of overall consumption in the domestic steel market from 24.7% to 27.3% while the local metal trade sector which occupied first place in January to September 2008 saw its share decrease from 34.5% to 25.4%.

(Sourced from SteelOrbis)
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