Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Spain - 2024
Contents:
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Spain (CIF) - 2024
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Spain (FOB) - 2024
- Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Spain
- Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Spain
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Spain (CIF) - 2024
The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $1,072 per ton in April 2024, falling by -7.7% against the previous month. Overall, the import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in March 2024 an increase of 7.7% month-to-month. The import price peaked at $1,253 per ton in April 2023; however, from May 2023 to April 2024, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In April 2024, the highest price was recorded for prices from Germany ($1,250 per ton) and Austria ($1,241 per ton), while the price for the UK ($1,012 per ton) and the Netherlands ($1,025 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 Austria (+0.0%), while the prices for the other major suppliers experienced a decline.
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Spain (FOB) - 2024
The average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $967 per ton in April 2024, which is down by -5.1% against the previous month. Over the period under review, the export price saw a mild downturn. The most prominent rate of growth was recorded in August 2023 an increase of 11% month-to-month. As a result, the export price attained the peak level of $1,197 per ton. From September 2023 to April 2024, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In April 2024, the countries with the highest prices were Portugal ($1,154 per ton) and Morocco ($1,149 per ton), while the average price for exports to Turkey ($906 per ton) and Italy ($910 per ton) were amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-0.4%), while the prices for the other major destinations experienced a decline.
Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Spain
Imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds into Spain amounted to 90K tons in 2022, almost unchanged from the previous year. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 56%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds skyrocketed to $111M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 105%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 17.0 | 13.1 | 48.4 | 47.1 | 40.5% |
| Belgium | 22.9 | 17.1 | 23.4 | 27.8 | 6.7% |
| Netherlands | 3.1 | 4.4 | 5.6 | 11.0 | 52.5% |
| Germany | 2.8 | 3.8 | 5.0 | 5.7 | 26.7% |
| India | N/A | N/A | N/A | 4.4 | 0% |
| Austria | 0.3 | 2.0 | 5.3 | 4.4 | 144.8% |
| Slovakia | N/A | N/A | N/A | 3.4 | 0% |
| Sweden | 4.9 | 1.9 | 3.3 | 2.9 | -16.0% |
| France | 3.4 | 1.6 | 1.6 | 0.7 | -41.0% |
| Others | 3.7 | 1.8 | 0.6 | 3.5 | -1.8% |
| Total | 58.0 | 45.6 | 93.3 | 111 | 24.2% |
Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to Spain in 2022:
- United Kingdom (39.4K tons)
- Belgium (21.4K tons)
- Netherlands (9.2K tons)
- Germany (4.8K tons)
- India (3.6K tons)
- Austria (3.1K tons)
- Slovakia (2.9K tons)
- Sweden (2.3K tons)
- France (0.6K tons)
Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Spain
In 2022, after three years of growth, there was significant decline in overseas shipments of alloy steel, flat-rolled, width 600mm or more, cold-rolleds, when their volume decreased by -20.5% to 22K tons. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports reached the peak of 27K tons, and then declined dramatically in the following year.
In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds declined to $24M in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 68% against the previous year. As a result, the exports attained the peak of $27M, and then declined in the following year.
| Export of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.4 | 3.1 | 10.8 | 8.1 | 8.2% |
| Morocco | 2.7 | 6.7 | 4.1 | 6.7 | 35.4% |
| Portugal | 2.6 | 3.3 | 5.9 | 4.6 | 20.9% |
| Turkey | 0.7 | 1.1 | 2.5 | 2.5 | 52.9% |
| Germany | N/A | N/A | 0.6 | 0.7 | 16.7% |
| China | 0.3 | 0.5 | 0.7 | 0.7 | 32.6% |
| France | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
| Belgium | N/A | 0.4 | 0.9 | 0.1 | -50.0% |
| Others | 0.5 | 0.4 | 1.1 | 0.1 | -41.5% |
| Total | 13.4 | 15.9 | 26.7 | 23.8 | 21.1% |
Top Export Markets for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled from Spain in 2022:
- Italy (7.4K tons)
- Morocco (5.1K tons)
- Portugal (4.0K tons)
- Turkey (3.3K tons)
- Germany (0.7K tons)
- France (0.5K tons)
- China (0.5K tons)
- Belgium (0.1K tons)
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