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Ukrainian steel production increases in Q1

According to the statistics from Ukrmetallurgprom, the production of Ukrainian steel totaled around 4.6 million tons in the first quarter, increased by 25.1% compared with the same period of last year.

Among them, the exports totaled around 3.8 million tons, down by 3.5% compared with the same period of last year.

The exports of Ukrainian semi-finished steel accounted for 42% of the total in the first quarter; followed by those of finished steel which accounted for 32.6% of the total; followed by those of long products which accounted for 32.6% of the total.
In the same period, Ukrainian steel exports to the EU were around 1.3 million tons, accounting for 34% of the total; followed by North Africa with around 950,000 tons, accounting for 25% of the total; followed by the Middle East with around 675,000 tons, accounting for 18% of the total.
Besides, Ukrainian steel consumption was around 1.1 million tons in the first quarter, increased by 13% compared with the same period of last year. The imports totaled around 290,000 tons, accounting for 27.6% of the total.
As for the imports, Commonwealth of Independent States ranked first with the largest Ukrainian steel imports of around 130,000 tons, accounting for 44.5% of the total; followed by the EU with around 85,000 tons, accounting for 29% of the total; followed by Asia Pacific with around 67,000 tons, accounting for 23% of the total.

Source: yieh

May 9, 2018 10:12
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