Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Brazil - 2024
Contents:
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Brazil (FOB) - 2024
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Brazil (CIF) - 2024
- Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Brazil
- Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Brazil
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Brazil (FOB) - 2024
The average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $491 per ton in May 2024, shrinking by -64.3% against the previous month. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 45% against the previous month. As a result, the export price attained the peak level of $1,647 per ton. From December 2023 to May 2024, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In May 2024, the country with the highest price was Argentina ($491 per ton), while the average price for exports to Egypt totaled $405 per ton.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Brazil (CIF) - 2024
In May 2024, the average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds amounted to $1,036 per ton, falling by -15.8% against the previous month. Overall, the import price saw a slight reduction. The pace of growth appeared the most rapid in March 2024 an increase of 21% m-o-m. The import price peaked at $1,230 per ton in April 2024, and then dropped sharply in the following month.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From May 2023 to May 2024, the rate of growth in terms of prices for South Korea amounted to -0.9% per month.
Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Brazil
In 2022, after two years of decline, there was significant growth in shipments abroad of alloy steel, flat-rolled, width 600mm or more, cold-rolleds, when their volume increased by 472% to 37K tons. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds surged to $40M in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.5 | 1.0 | 1.4 | 18.3 | 232.0% |
| Argentina | 1.9 | 1.1 | 2.2 | 12.3 | 86.4% |
| Bolivia | N/A | N/A | N/A | 3.8 | 0% |
| Spain | 1.6 | 0.3 | 0.1 | 3.4 | 28.6% |
| Portugal | 0.5 | 0.2 | 0.1 | 1.1 | 30.1% |
| Pakistan | N/A | N/A | N/A | 0.6 | 0% |
| Germany | 1.0 | N/A | N/A | N/A | 0% |
| United Kingdom | 1.4 | 2.1 | N/A | N/A | 50.0% |
| Others | 1.0 | 0.7 | 0.8 | 0.9 | -3.5% |
| Total | 8.0 | 5.4 | 4.6 | 40.4 | 71.6% |
Top Export Markets for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled from Brazil in 2022:
- Belgium (17.4K tons)
- Argentina (9.4K tons)
- Bolivia (4.5K tons)
- Spain (3.2K tons)
- Pakistan (1.2K tons)
- Portugal (1.2K tons)
Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Brazil
Imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds into Brazil soared to 25K tons in 2022, rising by 15% on 2021. In general, total imports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds soared to $34M in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 17.9 | 13.6 | 19.1 | 32.4 | 21.9% |
| Sweden | 0.6 | 0.5 | 1.0 | 1.2 | 26.0% |
| Others | 0.5 | 0.7 | 1.7 | 0.9 | 21.6% |
| Total | 19.0 | 14.8 | 21.7 | 34.4 | 21.9% |
Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to Brazil in 2022:
- South Korea (24.3K tons)
- Sweden (0.9K tons)
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