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

Contents:

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

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

The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $1,179 per ton in April 2024, with an increase of 4.3% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 an increase of 23% m-o-m. As a result, import price attained the peak level of $1,432 per ton. From December 2023 to April 2024, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In April 2024, the country with the highest price was Belgium ($1,199 per ton), while the price for the UK ($996 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by the UK (+0.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $2,170 per ton in 2022, increasing by 54% against the previous year. In general, the export price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 125%. Over the period under review, the average export prices reached the maximum at $3,476 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cabo Verde ($5,181 per ton), while the average price for exports to Spain totaled $1,983 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+814.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of alloy steel, flat-rolled, width 600mm or more, cold-rolleds imported into Portugal surged to 28K tons, rising by 22% against the previous year. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak 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 surged to $32M in 2022. In general, imports continue to indicate a buoyant increase. 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 Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium12.59.710.717.511.9%
Spain4.63.75.94.5-0.7%
JapanN/AN/A2.73.737.0%
United Kingdom0.70.71.33.266.0%
Taiwan (Chinese)N/AN/AN/A2.30%
Sweden0.40.50.30.3-9.1%
ItalyN/A1.9N/AN/A0%
Others0.80.70.80.4-20.6%
Total19.117.121.832.018.8%

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

  1. Belgium (13.6K tons)
  2. Spain (4.0K tons)
  3. Japan (3.9K tons)
  4. Taiwan (Chinese) (2.9K tons)
  5. United Kingdom (2.8K tons)
  6. Sweden (0.2K tons)

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

In 2022, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds from Portugal shrank notably to 32 tons, waning by -33.1% on 2021 figures. Overall, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 316%.

In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds expanded modestly to $70K in 2022. Over the period under review, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 261% against the previous year.

Export of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5.011.461.659.8128.7%
Cabo VerdeN/A4.8N/A9.742.2%
Mozambique7.7N/A1.60.1-76.5%
Algeria19.6N/AN/AN/A0%
Angola1662.54.2N/A-84.1%
Sao Tome and Principe10.5N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total20918.767.469.6-30.7%

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

  1. Spain (30.1 tons)
  2. Cabo Verde (1.9 tons)

Source: IndexBox Market Intelligence Platform

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