Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Mexico - 2024
Contents:
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Mexico (CIF) - 2024
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Mexico (FOB) - 2023
- Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Mexico
- Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Mexico
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Mexico (CIF) - 2024
In April 2024, the average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds amounted to $1,508 per ton, with an increase of 14% against the previous month. Over the period under review, the import price, however, saw a slight curtailment. Over the period under review, average import prices attained the maximum at $1,803 per ton in April 2023; however, from May 2023 to April 2024, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In April 2024, the highest price was recorded for prices from the United States ($1,591 per ton) and Austria ($1,467 per ton), while the price for the Netherlands ($1,191 per ton) and South Korea ($1,359 per ton) were amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by South Korea (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Mexico (FOB) - 2023
The average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $2,235 per ton in October 2023, flattening at the previous month. In general, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level of $2,430 per ton. From December 2022 to October 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From November 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to -0.8% per month.
Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Mexico
In 2022, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds into Mexico reduced sharply to 272K tons, falling by -20% against the year before. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year.
In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds rose sharply to $470M in 2022. Overall, imports, however, posted a strong increase. The growth pace was the most rapid in 2021 when imports increased by 86% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 140 | 121 | 236 | 218 | 15.9% |
| Japan | 137 | 85.6 | 168 | 210 | 15.3% |
| Sweden | 8.5 | 10.9 | 11.6 | 13.8 | 17.5% |
| South Korea | 20.3 | 4.9 | 6.8 | 8.6 | -24.9% |
| Austria | 2.9 | 5.3 | 10.9 | 8.3 | 42.0% |
| Others | 14.7 | 9.8 | 9.8 | 11.5 | -7.9% |
| Total | 324 | 238 | 442 | 470 | 13.2% |
Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to Mexico in 2022:
- United States (134.8K tons)
- Japan (107.8K tons)
- Sweden (9.8K tons)
- South Korea (6.8K tons)
- Austria (4.5K tons)
Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Mexico
In 2022, the amount of alloy steel, flat-rolled, width 600mm or more, cold-rolleds exported from Mexico declined notably to 242 tons, shrinking by -79.7% on the year before. Overall, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 3.8%.
In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds declined dramatically to $492K in 2022. In general, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 7.3% against the previous year.
| Export of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 17.0 | 35.9 | 182 | 109 | 85.8% |
| South Korea | 55.6 | 49.0 | 43.3 | 100 | 21.6% |
| United States | 264 | 466 | 504 | 91.7 | -29.7% |
| Cuba | 140 | 115 | 80.5 | 53.1 | -27.6% |
| Colombia | 388 | 122 | 77.9 | 47.1 | -50.5% |
| Pakistan | 28.3 | 28.5 | 24.4 | 26.6 | -2.0% |
| Others | 183 | 123 | 94.7 | 64.0 | -29.5% |
| Total | 1,075 | 939 | 1,007 | 492 | -22.9% |
Top Export Markets for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled from Mexico in 2022:
- Ecuador (87.4 tons)
- Colombia (40.2 tons)
- United States (36.9 tons)
- Pakistan (29.0 tons)
- Cuba (25.5 tons)
- South Korea (12.3 tons)
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