Belarus steel product consumption to rise to 2 million tonnes in 2010

It is reported that in 2010 Belarus is expected to increase its steel product consumption by 15%YoY to 2.2 million tonnes mainly due to the growth of demand from the key steel consuming sectors such as tractor and agricultural machine building.

?2008 2009 Change 2010 (estimation)

2.47 1.82 -26.30% 2.2

In million tonnes

Generally, Belarus exports about 2 million tonnes of steel products each year, while its annual steel product imports usually amount to around 2.5 million tonnes to 3 million tonnes.

As per report, in the first nine months of 2010, Belarus exported 1.313 million tonnes of steel products down by 10.5%YoY while it imported 2.6 million tonnes of steel products up by 36%YoY. The country steel pipe exports went up by 30%YoY to 239,000 tonnes.

Belarus exports mainly long steel products and imports flats and longs and pipes. Accordingly, with its imports from Russia, Belarus meets 55% of its needs in finished steel products and 80% of its needs in steel pipes. In particular, in January to September 2010, Belarus imports of steel products from Russia rose by 32%YoY to 2.11 million tonnes ie 81% of total imports, while its imports of pipes amounted to 164,000 tonnes ie 70% of its total pipe imports.

Belarus' steel products foreign trade

? 2006 2007 2008 2009

Export 1,825,900 1,857,300 1,903,900 1,863,900

Import 3,180,700 3,287,600 3,402,700 2,712,600

In tonnes

(Sourced from SteelOrbis)


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