Consumption of rolled products in Ukraine grew by 14% in 11M

In January–November 2021, Ukraine ramped up domestic consumption of rolled products by 14.1% to 4.9 million tons y-o-y, according to Ukrmetallurgprom citing the V.S.K. Group.

The share of imports in the total volume of Ukraine’s rolled products market accounted for 21.7%, or 1.06 thousand tons, 4.6% down from the same period of the previous year.

The share of flat products in the total imports increased and exceeded the share of rolled sections, 54.9% and 41.6% respectively.

The major sources of Ukraine’s imports of rolled products were:

• CIS — 34.1%,
• EU — 25.8%,
• Asia — 22%.

In 2020, Ukraine increased domestic consumption of rolled products by 4.4% to 4.7 million tons against 2019. The share of imports declined by 5.2% y-o-y.