Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Brazil - 2024

Contents:

  1. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Brazil (CIF) - 2024
  2. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Brazil (FOB) - 2022
  3. Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Brazil
  4. Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Brazil

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Brazil (CIF) - 2024

In May 2024, the average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $3,136 per ton, with a decrease of -27.9% against the previous month. Over the period under review, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in March 2024 when the average import price increased by 46% against the previous month. As a result, import price reached the peak level of $5,432 per ton. From April 2024 to May 2024, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($9,239 per ton), while the price for Thailand ($1,171 per ton) was amongst the lowest.

From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Germany (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Brazil (FOB) - 2022

The average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $2,837 per ton in 2022, picking up by 6.4% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds increased by +80.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 70%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($4,728 per ton), while the average price for exports to Turkey ($1,319 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 Italy (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Brazil

After three years of growth, supplies from abroad of stainless steel, flat-rolled, width less than 600mm, cold-rolleds decreased by -34.8% to 11K tons in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports attained the peak of 16K tons, and then fell significantly in the following year.

In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds reduced rapidly to $52M in 2022. Overall, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 65%. As a result, imports reached the peak of $69M, and then dropped rapidly in the following year.

Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden7.05.120.28.67.1%
India1.61.13.37.466.6%
Japan6.17.95.77.46.7%
China2.91.73.64.616.6%
United States4.715.819.84.1-4.5%
Italy2.71.83.63.913.0%
Turkey0.51.52.33.693.1%
France1.72.51.93.324.7%
Spain1.21.52.61.20.0%
Others5.53.16.17.912.8%
Total34.142.069.151.915.0%

Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Brazil in 2022:

  1. Japan (1.4K tons)
  2. India (1.3K tons)
  3. Turkey (1.2K tons)
  4. Sweden (1.2K tons)
  5. France (1.0K tons)
  6. Italy (0.9K tons)
  7. China (0.9K tons)
  8. United States (0.7K tons)
  9. Spain (0.4K tons)

Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Brazil

In 2022, shipments abroad of stainless steel, flat-rolled, width less than 600mm, cold-rolleds was finally on the rise to reach 1.6K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt slump.

In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds skyrocketed to $4.5M in 2022. Overall, exports enjoyed a tangible increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1161561501,268121.9%
United Kingdom695267N/A637-2.9%
Turkey44.6123112602138.1%
Bolivia89.336.815953681.7%
Argentina2981844423768.1%
ItalyN/AN/A3.32296839.4%
Paraguay1841461671850.2%
Colombia833692325130-46.2%
Uruguay1,31825210225.5-73.2%
Vietnam158174N/AN/A10.1%
Others24830847748825.3%
Total3,9842,3391,9374,4764.0%

Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Brazil in 2022:

  1. Turkey (456.2 tons)
  2. Belgium (419.5 tons)
  3. United Kingdom (171.4 tons)
  4. Bolivia (157.6 tons)
  5. Argentina (121.3 tons)
  6. Italy (110.6 tons)
  7. Paraguay (39.1 tons)
  8. Colombia (32.7 tons)
  9. Uruguay (8.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, stainless; flat-rolled, width less than 600mm, cold-rolled - Brazil