Ukraine Billet Exports Fall 26% in Feb’18

Ukraine has exported about 0.48 MnT Billet in February 2018, according to trade statistics released by Department State Statistics Service of Ukraine.

The exports registered a fall of 26.51% M-o-M in Feb’18 against 0.65 MnT in Jan’18. During Feb’18, Italy has imported approximately 44% (0.21 MnT) billets from Ukraine. Inline on yearly premises exports  fall by 9.5% against  0.53 MnT in Feb’17.

As sources reported, the domestic steel consumption in Ukraine increased by 13.1% Y-o-Y to 1.05 MnT in Jan-Mar 2018, against 0.94 MnT in the same period last year.

Further, in the duration of CY18 (Jan- Feb), the country’s total export for billet was at an around 1.13 MnT, surge by 1% Y-o-Y in the same duration.

In the month of February 2018, the crude steel production of Ukraine was around 1.90 MnT and in CY18 (Jan-Feb) it was approximately 4.0 MnT. Prior to this it was at 2.10 MnT in Jan’18 & 4.0 MnT in CY17 (Jan-Feb).

Country wise:

During February 2018, the largest importer of Ukraine originated billet was Italy, Egypt & Turkey which imports about 0.21 MnT, 0.12 MnT & 0.05 MnT respectively.

Similarly, in the total billet exports during 2018 (Jan-Feb), the major buyers of Ukrainian billet was – Italy 0.40 MnT (35.44%), Egypt 0.23 MnT (20.06%), Turkey 0.22 MnT (19.36%), & Bulgaria 0.07 MnT (6.55%).

The export offers of 150*150 IS 2830 grade billet are currently at USD 515-525/MT FoB India, 125*125 3SP at USD 510-515/MT FoB Ukraine & 150*150 Q235 are at USD 540-550/MT FoB China.

United States continues to remain the largest Pig iron buyer of Ukraine –

United States has imported approximately 44% (0.13 MnT) of Ukrainian Pig Iron in March 2018.

In line out of total Pig iron exports from the nation in Jan-Feb’18, United States procured approximately 50% (0.26 MnT) of total quantity, followed by Italy & Turkey was the major Pig Iron importer of Ukraine which imported around 0.09 MnT (16.45%) & 0.07 MnT (13.42%), respectively.

Presently, the export offers of steel grade Pig Iron are assessed at USD 375-390/MT FoB Russia, USD 390-395/MT FoB Brazil & at USD 360-365/MT FoB India.

Top 10 Unload Country in Jan-Feb’18 (Billet & Pig Iron )

S.No Billet Pig Iron
Name Quantity Name Quantity
1. Italy 0.40 United States 0.26
2. Egypt 0.23 Italy 0.09
3. Turkey 0.22 Turkey 0.07
4. Bulgaria 0.07 Egypt 0.05
5. Algeria 0.06 Mexico 0.02
6. United Kingdom 0.04 Spain 0.02
7. Sri Lanka 0.02 Germany 0.01
8. Hungary 0.02 Netherlands 0.01
9. Malaysia 0.02 Poland 0.00
10. Costa Rica 0.02 Bulgaria 0.00

Quantity in MnT
Sources: SteelMint Stats.


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