Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sweden - 2024
Contents:
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sweden (FOB) - 2024
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sweden (CIF) - 2024
- Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sweden
- Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sweden
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sweden (FOB) - 2024
The average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $1,494 per ton in April 2024, growing by 4.2% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 9.3% against the previous month. As a result, the export price reached the peak level of $1,499 per ton. From June 2023 to April 2024, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In April 2024, the countries with the highest prices were Turkey ($1,749 per ton) and China ($1,637 per ton), while the average price for exports to the United States ($1,362 per ton) and Mexico ($1,545 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 Italy (+3.2%), 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 Sweden (CIF) - 2024
The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $926 per ton in April 2024, declining by -19.1% against the previous month. Over the period under review, the import price recorded a perceptible decline. The pace of growth was the most pronounced in March 2024 when the average import price increased by 25% m-o-m. The import price peaked at $1,256 per ton in June 2023; however, from July 2023 to April 2024, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From April 2023 to April 2024, the rate of growth in terms of prices for Germany amounted to +0.7% per month.
Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sweden
In 2022, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds from Sweden rose notably to 166K tons, increasing by 12% compared with the year before. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds skyrocketed to $229M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.8 | 22.1 | 31.4 | 67.5 | 31.3% |
| China | 7.6 | 18.1 | 34.5 | 45.7 | 81.8% |
| Germany | 29.9 | 22.4 | 29.2 | 29.6 | -0.3% |
| Mexico | 4.1 | 9.6 | 12.3 | 15.6 | 56.1% |
| Poland | 6.8 | 7.7 | 11.2 | 13.7 | 26.3% |
| Italy | 3.8 | 3.0 | 7.3 | 10.7 | 41.2% |
| Netherlands | 1.9 | 1.4 | 3.4 | 7.5 | 58.0% |
| Canada | 11.7 | 8.8 | 7.3 | 6.3 | -18.6% |
| Spain | 6.2 | 3.5 | 5.8 | 6.0 | -1.1% |
| Czech Republic | 2.8 | 2.4 | 4.6 | 5.6 | 26.0% |
| Denmark | 1.7 | 3.2 | 5.2 | 3.4 | 26.0% |
| Finland | 6.4 | 2.7 | 5.6 | 2.7 | -25.0% |
| Others | 18.0 | 11.3 | 15.5 | 14.8 | -6.3% |
| Total | 131 | 116 | 173 | 229 | 20.5% |
Top Export Markets for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled from Sweden in 2022:
- United States (47.7K tons)
- China (28.4K tons)
- Germany (25.7K tons)
- Mexico (11.5K tons)
- Poland (10.4K tons)
- Italy (9.0K tons)
- Canada (5.6K tons)
- Netherlands (5.0K tons)
- Spain (4.9K tons)
- Czech Republic (3.9K tons)
- Denmark (2.5K tons)
- Finland (1.7K tons)
Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sweden
Imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds into Sweden soared to 18K tons in 2022, rising by 63% compared with 2021. Over the period under review, imports posted a significant increase. 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 soared to $24M in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 114% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.4 | 0.8 | 2.2 | 9.7 | 189.4% |
| Germany | 3.8 | 3.0 | 6.1 | 7.7 | 26.5% |
| Belgium | 1.7 | 1.2 | 2.5 | 2.3 | 10.6% |
| Finland | 1.7 | 1.2 | 1.8 | 1.5 | -4.1% |
| Netherlands | 0.3 | 0.3 | 1.0 | 1.1 | 54.2% |
| Austria | 0.2 | 0.2 | 0.2 | 0.8 | 58.7% |
| Ireland | 0.2 | 0.1 | 0.3 | 0.5 | 35.7% |
| Others | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Total | 8.3 | 6.6 | 14.2 | 23.8 | 42.1% |
Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to Sweden in 2022:
- United Kingdom (8.3K tons)
- Germany (4.6K tons)
- Belgium (1.8K tons)
- Finland (1.0K tons)
- Netherlands (0.8K tons)
- Austria (0.7K tons)
- Ireland (0.3K tons)
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