Steel imports in January to July up by 92% YoY

According to the data released by the metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in the first seven months of 2010 Ukrainian imports of rolled steel products increased by 92.3% YoY amounting to 737,530 tons.

In July this year Ukraine’s imports of rolled steel products saw a 37.2% MoM and a 49.6% YoY increase compared to July 2009.

Product	January-July 2009, t	January-July 2010, t	Change, %
Rebar	43,013	16,225	-62.3
Beam	4,822	6,394	32.6
Wire rod	2,912	8,600	195.4
Round bar	37,401	69,846	86.7
HR sheet/coil	59,346	160,460	170.4
Galvanized steel	51,241	86,456	68.7
CR sheet	39,928	57,861	44.9
Round billet	114,646	251,444	119.3
Pipe	21,220	25,101	18.3
Angle	2,372	4,035	70.1
Channel	1,811	2,775	53.2
Other	4,825	48,333	901.8
Total	383,536	737,530	92.3

In January to July 2010 one third of overall rolled steel imports to Ukraine were accounted for by round billets, the share of which increased from 29.9% YoY to 34.1%. In addition, during the period in question the share of HR sheet/coils went up from 15.5% to 21.8%.
UGMK noted a drop in rebar imports from 11.2% to 2.2% as well as YoY decreases in the shares of CR sheet/coils and pipes in Ukraine’s total volume of steel imports which dropped from 10.2% to 7.8% and from 5.5% to 3.4% respectively.
The main suppliers of round billets to Ukraine in July were the Oskol Metallurgical Plant (Russia), a subsidiary of Metalloinvest, and the Byelorussian Iron and Steel Works, the shares of which amounted to 79.3% and 16.1% respectively of total supplies. About 88.3% of total imports of round billets were supplied to Interpipe pipe making subsidiaries.
Ukraine’s main suppliers of HR sheet/coils in July were the Russian steelmakers Severstal and Magnitogorsk Iron and Steel Works, the respective shares of which amounted to 48.6% and 42.8% of total deliveries.
According to UGMK, in July Ukraine’s main importers of rolled steel products were the pipe sector, the share of which amounted to 42.1% of overall steel imports into the country, and the machine-building sector with its share of overall imports amounting to 22.1%. Meanwhile, the local metal trade share of steel imports amounted to 14.7%. (SteelOrbis)

Much more about metal of Ukraine, Russia and other CIS-countries at http://metalukraine2010.blogspot.com/