Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the UK - 2024
Contents:
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the UK (FOB) - 2024
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the UK (CIF) - 2024
- Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the UK
- Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the UK
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the UK (FOB) - 2024
In April 2024, the average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds amounted to $918 per ton, waning by -6.8% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 an increase of 11% m-o-m. The export price peaked at $1,062 per ton in July 2023; however, from August 2023 to April 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In April 2024, the country with the highest price was the Netherlands ($1,048 per ton), while the average price for exports to Turkey ($650 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.0%), 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 the UK (CIF) - 2024
The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $1,321 per ton in April 2024, falling by -3.3% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2023 an increase of 6.8% month-to-month. The import price peaked at $1,488 per ton in July 2023; however, from August 2023 to April 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,784 per ton), while the price for Vietnam ($829 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 Germany (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the UK
In 2022, the amount of alloy steel, flat-rolled, width 600mm or more, cold-rolleds exported from the UK fell modestly to 251K tons, leveling off at the previous year's figure. Over the period under review, exports recorded a slight setback.
In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds rose rapidly to $256M in 2022. The total export value increased at an average annual rate of +8.5% over the period from 2021 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the UK (Million USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Netherlands | 98.1 | 85.5 | -12.8% |
| Spain | 46.1 | 43.8 | -5.0% |
| France | 39.0 | 38.5 | -1.3% |
| Germany | 7.4 | 15.6 | 110.8% |
| Italy | N/A | 12.7 | 0% |
| Austria | 6.8 | 10.9 | 60.3% |
| Turkey | 1.9 | 10.6 | 457.9% |
| Sweden | 0.2 | 8.9 | 4350.0% |
| Belgium | 4.4 | 4.0 | -9.1% |
| Canada | 7.7 | 3.8 | -50.6% |
| Norway | 9.4 | 2.8 | -70.2% |
| Others | 15.0 | 19.0 | 26.7% |
| Total | 236 | 256 | 8.5% |
Top Export Markets for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled from the UK in 2022:
- Netherlands (89.2K tons)
- Spain (39.3K tons)
- France (35.2K tons)
- Turkey (14.6K tons)
- Germany (14.4K tons)
- Italy (13.7K tons)
- Austria (8.5K tons)
- Sweden (7.8K tons)
- Belgium (7.1K tons)
- Canada (2.6K tons)
- Norway (2.3K tons)
Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the UK
In 2022, approx. 25K tons of alloy steel, flat-rolled, width 600mm or more, cold-rolleds were imported into the UK; reducing by -32.3% compared with the previous year. Overall, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 27%.
In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds declined to $37M in 2022. In general, imports saw a slight reduction. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, imports reached the peak of $43M, and then contracted in the following year.
| Import of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 26.0 | 14.3 | 17.2 | 13.3 | -20.0% |
| Austria | 1.5 | 2.9 | 5.8 | 8.0 | 74.7% |
| Netherlands | 2.5 | 2.6 | 4.7 | 6.2 | 35.4% |
| Sweden | 2.5 | 1.5 | 1.4 | 2.0 | -7.2% |
| France | 2.3 | 1.4 | 2.1 | 1.9 | -6.2% |
| Germany | 2.0 | 1.0 | 3.1 | 1.6 | -7.2% |
| Finland | 0.3 | 0.9 | 3.5 | 0.6 | 26.0% |
| Others | 2.5 | 5.8 | 5.2 | 3.9 | 16.0% |
| Total | 39.6 | 30.3 | 43.0 | 37.5 | -1.8% |
Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to the UK in 2022:
- Belgium (9.6K tons)
- Austria (5.6K tons)
- Netherlands (5.2K tons)
- Sweden (1.7K tons)
- France (1.6K tons)
- Germany (0.9K tons)
- Finland (0.4K tons)
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