According to Association UKRMETALURGPROM, in Jan-March of 2024 Ukrainian steelmakers had produced 1389 Kt of metal products (135.5% to the same period of 2023), of which according to the State Customs Service of Ukraine, it was exported 1029 Kt or 74.1%. For the same period of 2023, the share of export was 38.3% (393 Kt with the total metal products production up to 1025 Kt).

The semi-products’ share in the total export in Jan-March 2024 was 45.00% that is a bit higher to Jan-March 2023 (43.28%). The share of flat products in Jan-March 2024 is higher significantly to the same period of 2023 (30.72% and 31.30% respectively). The share of long products in Jan-March 2024 is lower significantly to the same period of 2023 (14.29% in 2024 and 25.45% in 2023).

The total domestic demand for metal products in Jan-March 2024 is 610.4 Kt, of which 250.4 Kt or 41.02% had been imported. For the same period of 2023, the domestic consumption was 839.5 Kt of which 207.5 Kt or 24.72% were imported. Therefore, in Jan-March 2024 the domestic demand for metal products had reduced on 27.29% comparatively to the same period of 2023, but the import component share had raised on 16.31%.

The peculiarity of the metal products import structure in Jan-March 2024, as well as earlier, is a significant domination of flat products over long products (83.15% and 15.22% respectively); in Jan-March 2023, the domination of flat products over long products was noticeable as well (80.72% and 17.98% respectively).

Main markets for the Ukrainian steel products, according to the State Customs Service of Ukraine, in Jan-March 2024 are EU-27 (81.6%), South America (5.8%) and other Europe (5.4%).

Among main steel importers in Jan-March 2024, the first position belongs to other Europe (42.9%), second to EU-27 (40.4%), third – to Asia (15.8%).