Metal Products Production and Consumption in Ukraine in Jan-June 2024
According to Association UKRMETALURGPROM, in Jan-June of 2024 Ukrainian steelmakers had produced 3140 Kt of metal products (132.3% to the same period of 2023), of which according to the State Customs Service of Ukraine, it was exported 1996 Kt or 63.6%. For the same period of 2023, the share of export was 52.9% (1257 Kt with the total metal products production up to 2374 Kt).
The semi-products’ share in the total export in Jan-June 2024 was 45.39% that is equal to Jan-June 2023 (45.90%). The share of flat products in Jan-June 2024 is higher significantly to the same period of 2023 (41.73% and 33.65% respectively). The share of long products in Jan-June 2024 is lower significantly to the same period of 2023 (12.88% in 2024 and 20.45% in 2023).
The peculiarity of the metal products import structure in Jan-June 2024, as well as earlier, is a significant domination of flat products over long products (80.06% and 18.30% respectively); in Jan-June 2023, the domination of flat products over long products was noticeable as well (78.88% and 20.09% respectively).
The total domestic demand for metal products in Jan-June 2024 is 1736.4 Kt, of which 592.4 Kt or 34.12% had been imported. For the same period of 2023, the domestic consumption was 1611.8 Kt of which 494.8 Kt or 30.17% were imported. Therefore, in Jan-June of 2024 the domestic demand for metal products had increased on 7.73% comparatively to the same period of 2023, and the import component share had raised on 3.42%.
Main markets for the Ukrainian steel products, according to the State Customs Service of Ukraine, in Jan-June 2024 are EU-27 (77.1%), other Europe (6.9%) and Africa (6.4%).
Among main steel importers in Jan-June 2024, the first position belongs to the other Europe (46.5%), second to EU-27 (31.0%), third – to Asia (20.5%).

