Thursday, November 21
Ukraine’s rolled metal market showed almost 100% growth this year.
Tuesday, November 21, 2023
In 10 months of the year, Ukrainian enterprises increased their rolled metal consumption by 94.51% compared to the same period last year – up to 2.9 million tons. During this period, 937,500 tons were imported, or 32.29% of the domestic market’s rolled metal consumption.
In January-October, Ukrainian enterprises produced 4.37 million tons of rolled metal (87% compared to the same period in 2022), of which 2.4 million tons, or 55.9%, were exported. In the same period last year, the share of exports amounted to 79.7% (four million tons with a total production of 5.02 million tons).
Also, during the ten months of the year there has been an 94.51% increase in domestic market capacity compared to January-October 2022, with a simultaneous 0.42% increase in the share of the imported component.
