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

Contents:

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

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

The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $2,623 per ton in 2022, increasing by 243% against the previous year. Over the period under review, the import price recorded a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,031 per ton), while the price for Japan ($2,526 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds amounted to $863 per ton, with an increase of 52% against the previous year. Overall, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 69% against the previous year. As a result, the export price attained the peak level of $2,275 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($3,076 per ton), while the average price for exports to India ($198 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of alloy steel, flat-rolled, width 600mm or more, cold-rolleds imported into Malaysia fell markedly to 119 tons, reducing by -95% against 2021. In general, imports continue to indicate a sharp curtailment. The smallest decline of -19.3% was in 2021.

In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds contracted notably to $312K in 2022. Over the period under review, imports faced a sharp setback. The smallest decline of -16.4% was in 2021.

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

1. Japan (105.0 tons)
2. Vietnam (9.4 tons)
3. India (1.8 tons)
4. South Korea (1.7 tons)
5. China (0.3 tons)

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

In 2022, overseas shipments of alloy steel, flat-rolled, width 600mm or more, cold-rolleds decreased by -84.5% to 12 tons, falling for the second year in a row after two years of growth. In general, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 382% against the previous year. As a result, the exports attained the peak of 132 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds declined significantly to $11K in 2022. Over the period under review, exports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 138% against the previous year. As a result, the exports attained the peak of $64K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. India (4.2 tons)
2. Pakistan (3.4 tons)
3. Vietnam (1.6 tons)
4. New Zealand (1.2 tons)
5. China (0.9 tons)
6. Singapore (0.4 tons)
7. Papua New Guinea (0.3 tons)
8. Indonesia (0.1 tons)

Source: IndexBox Market Intelligence Platform