Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Finland - 2024

Contents:

  1. Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Finland (FOB) - 2022
  2. Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Finland (CIF) - 2024
  3. Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Finland
  4. Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Finland

Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Finland (FOB) - 2022

The average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $1,113 per ton in November 2022, growing by 5.7% against the previous month. In general, the export price, however, saw a pronounced setback. The pace of growth was the most pronounced in May 2022 when the average export price increased by 15% against the previous month. The export price peaked at $1,558 per ton in December 2021; however, from January 2022 to November 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In November 2022, the countries with the highest prices were Lithuania ($1,275 per ton) and the Czech Republic ($1,180 per ton), while the average price for exports to Germany ($1,012 per ton) and the UK ($1,073 per ton) were amongst the lowest.

From November 2021 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.8%), while the prices for the other major destinations experienced a decline.

Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Finland (CIF) - 2024

The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $39,030 per ton in February 2024, surging by 3,429% against the previous month. In general, the import price continues to indicate significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From February 2023 to February 2024, the rate of growth in terms of prices for Poland amounted to +4.9% per month.

Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Finland

In 2022, overseas shipments of alloy steel, flat-rolled, width 600mm or more, cold-rolleds decreased by -54% to 11K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 216%.

In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds shrank notably to $15M in 2022. In general, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 81%. As a result, the exports attained the peak of $29M, and then fell significantly in the following year.

Export of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden3.12.34.53.54.1%
Poland2.42.85.53.311.2%
Germany2.32.24.92.75.5%
ItalyN/A0.30.91.082.6%
Denmark1.11.53.00.7-14.0%
United Kingdom0.10.92.50.791.3%
Czech Republic0.50.40.30.66.3%
Estonia0.70.51.10.6-5.0%
Spain0.71.51.50.6-5.0%
Lithuania0.30.20.50.518.6%
Russia0.51.11.20.3-15.7%
Netherlands0.21.31.60.20.0%
TurkeyN/A0.20.70.1-29.3%
Others0.61.00.80.3-20.6%
Total12.416.129.115.16.8%

Top Export Markets for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled from Finland in 2022:

  1. Sweden (2603.7 tons)
  2. Poland (2551.4 tons)
  3. Germany (1978.6 tons)
  4. Italy (948.0 tons)
  5. Spain (521.6 tons)
  6. Denmark (462.2 tons)
  7. Czech Republic (455.7 tons)
  8. United Kingdom (453.1 tons)
  9. Estonia (365.0 tons)
  10. Lithuania (295.6 tons)
  11. Russia (192.6 tons)
  12. Netherlands (114.8 tons)
  13. Turkey (80.8 tons)

Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Finland

Imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds into Finland fell rapidly to 1.5K tons in 2022, shrinking by -68.8% on 2021. Over the period under review, imports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 40%.

In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds dropped remarkably to $2.2M in 2022. In general, imports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 when imports increased by 107% against the previous year.

Import of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden6.32.54.81.8-34.1%
Netherlands0.20.10.50.314.5%
LuxembourgN/AN/AN/AN/A0%
Others0.3N/A0.1N/A-42.3%
Total6.82.65.42.2-31.4%

Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to Finland in 2022:

  1. Sweden (1172.0 tons)
  2. Netherlands (242.0 tons)
  3. Luxembourg (36.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; flat-rolled, width 600mm or more, cold-rolled - Finland