Ukraine, the 3rd largest semi finished exporter, has exported about 410,000 MT billet in July 2017, according to trade statistics released by department state statistics service of Ukraine.
The exports registered a downfall of 8.88% M-o-M in Jul’17 against 450,000 MT in Jun’17. During Jul’17, Italy has imported approximately 34% (140,000 MT) billets from Ukraine.
Further, in the duration of CY17 (Jan- Jul), the country’s total export for billet was at around 3.46 MnT.
With rising country’s steel demand, the crude steel production also marked a hike by 13.83% to 1.81 MnT in Jul’17 against 1.59 MnT in Jun’17. Meanwhile, in 2017 (Jan’17-Jul’17) the figure of crude steel production stood at 12.77 MnT. Prior to this, it was at 24.23 MnT in CY16 & 22.97 MnT in CY15.
Country wise:
During July 2017, the largest importer of Ukrainian originated billet was Italy & Egypt which imports about 140,000 MT & 100,000 MT, respectively.
Similarly, in the total billet exports during 2017 (Jan-Jul), the major buyers of Ukrainian billet was – Italy 1.0 MnT (28.87%), Turkey 0.70 MnT (20.20%), Egypt 0.53 MnT (15.39%) & Algeria 0.30 MnT (8.81%) .
Updates
1. The export offers of 150*150 IS 2830 grade billet are currently at USD 520-525/MT FoB India, 125*125 3SP at USD 520-525/MT FoB Ukraine & 150*150 Q235 are at USD 540/MT FoB China.
2. As per the sources, last week a large cargo of billet have concluded to Algeria by Ukrainian exporter at USD 550/MT CFR.
3. Last week, few cargoes of CIS-origin billet heard to have booked for Egypt at USD 535-545/MT CFR or USD 515-525/MT FoB Black Sea.
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