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Poland has the largest share of the Ukrainian flat steel market!

Ukraine flat product exports increased in June compared to the previous month.

Poland has the largest share of the Ukrainian flat steel market!

Ukraine increased its flat product exports in June compared to the previous month, according to national customs data.

In January-June, Ukraine exported 422,500 tonnes, down 68% y-o-y. The value of flat product exports decreased by 72.4% to $308 million.

In the first six months of the year, Ukraine exported 312,300 tonnes of uncoated hot rolled coils for $219 million. In June alone, Ukraine shipped 89,100 tonnes, down 5.3% m-o-m and valued at $65.4 million, down 6.4%. Last month, the country shipped 89,600 tonnes of cold rolled coil, up 24% on the previous month.

The largest consumers of Ukraine's hot rolled coil in January-June were Poland with 33.4% share, Bulgaria with 14% share and Portugal with 10.4% share. Together, these three countries consumed about 60 per cent of the cold rolled coil. The main buyers of Ukrainian coated rolled products were Poland (65.4%) and Romania (27.4%).

Exports of long rolled metal in June were 61,060 tonnes, up 5.6% on month and 28.1% on year. Export revenue decreased by 1.5 per cent m-o-m and 29 per cent y-o-y to $40.5 million. In January-June, Ukraine exported 253,400 tonnes, down 40% y-o-y. Revenue decreased by 48.7% to $208.2 million.

The largest consumers of Ukrainian hot-rolled bars in January-June were Poland with 40% share and Germany with 21.2% share.

In June, Ukraine's crude steel output amounted to 463,000 tonnes, up 48.6% y-o-y.

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