Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Russia - 2022

Contents:

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

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

The average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $978 per ton in 2022, dropping by -2.2% against the previous year. Overall, the export price, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2021 an increase of 81%. As a result, the export price reached the peak level of $1,000 per ton, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($1,087 per ton), while the average price for exports to Kazakhstan ($672 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 Ukraine (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds amounted to $1,197 per ton, rising by 16% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. 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 Spain ($3,185 per ton), while the price for South Korea ($916 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of alloy steel, flat-rolled, width 600mm or more, cold-rolleds exported from Russia fell remarkably to 63K tons, waning by -27% against the previous year's figure. Overall, exports continue to indicate a mild shrinkage. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. As a result, the exports attained the peak of 86K tons, and then declined remarkably in the following year.

In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds dropped remarkably to $61M in 2022. Over the period under review, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 153% against the previous year. As a result, the exports reached the peak of $86M, and then reduced markedly in the following year.

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

1. Turkey (16.9K tons)
2. Belarus (16.3K tons)
3. Uzbekistan (16.0K tons)
4. Kazakhstan (9.1K tons)
5. Ukraine (4.3K tons)

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

In 2022, after three years of growth, there was significant decline in purchases abroad of alloy steel, flat-rolled, width 600mm or more, cold-rolleds, when their volume decreased by -28.6% to 13K tons. Over the period under review, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports reached the peak of 18K tons, and then fell markedly in the following year.

In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds fell significantly to $15M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports reached the peak of $18M, and then fell significantly in the following year.

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

1. South Korea (8.2K tons)
2. Finland (1.5K tons)
3. Sweden (1.3K tons)
4. Belgium (0.7K tons)
5. Spain (0.3K tons)
6. Austria (0.1K tons)

Source: IndexBox Market Intelligence Platform