Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Italy - 2024
Contents:
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Italy (FOB) - 2024
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Italy (CIF) - 2024
- Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Italy
- Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Italy
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Italy (FOB) - 2024
The average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $4,165 per ton in April 2024, with a decrease of -3.1% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2024 when the average export price increased by 40% month-to-month. The export price peaked at $4,469 per ton in August 2023; however, from September 2023 to April 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In April 2024, the country with the highest price was Switzerland ($6,887 per ton), while the average price for exports to Algeria ($2,583 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 Switzerland (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Italy (CIF) - 2024
The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $21,241 per ton in April 2024, surging by 140% against the previous month. In general, the import price continues to indicate a strong expansion. The growth pace was the most rapid in February 2024 an increase of 399% month-to-month. As a result, import price reached the peak level of $46,833 per ton. From March 2024 to April 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was the United States ($95,826 per ton), while the price for China ($1,574 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 the Netherlands (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Italy
Exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds from Italy contracted dramatically to 105K tons in 2022, declining by -15.8% on the previous year's figure. In general, exports showed a pronounced descent. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of 125K tons, and then shrank markedly in the following year.
In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds soared to $509M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 87.0 | 85.9 | 146 | 155 | 21.2% |
| Poland | 35.0 | 35.6 | 40.2 | 53.1 | 14.9% |
| France | 27.0 | 23.0 | 37.4 | 46.6 | 20.0% |
| Greece | 0.5 | 0.5 | 6.9 | 29.3 | 288.4% |
| Romania | 15.8 | 15.0 | 21.4 | 26.9 | 19.4% |
| United States | 18.8 | 14.3 | 16.6 | 23.4 | 7.6% |
| Spain | 22.5 | 18.3 | 24.5 | 19.9 | -4.0% |
| Turkey | 11.8 | 12.9 | 19.1 | 18.5 | 16.2% |
| Switzerland | 12.1 | 11.1 | 18.9 | 17.4 | 12.9% |
| Czech Republic | 11.6 | 8.4 | 11.6 | 16.1 | 11.5% |
| United Kingdom | 7.8 | 5.1 | 9.4 | 9.5 | 6.8% |
| Slovenia | 9.1 | 6.7 | 9.1 | 9.4 | 1.1% |
| Slovakia | 4.1 | 5.9 | 7.1 | 6.7 | 17.8% |
| Others | 55.6 | 52.9 | 70.9 | 76.6 | 11.3% |
| Total | 319 | 295 | 439 | 509 | 16.9% |
Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Italy in 2022:
- Germany (29.3K tons)
- Poland (16.2K tons)
- France (8.6K tons)
- Turkey (6.5K tons)
- Spain (5.4K tons)
- Romania (4.7K tons)
- Czech Republic (3.0K tons)
- United States (2.9K tons)
- Switzerland (2.9K tons)
- Greece (2.3K tons)
- United Kingdom (2.0K tons)
- Slovenia (2.0K tons)
- Slovakia (1.8K tons)
Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Italy
In 2022, the amount of stainless steel, flat-rolled, width less than 600mm, cold-rolleds imported into Italy surged to 52K tons, with an increase of 21% compared with 2021 figures. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% 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 +64.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 35%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds skyrocketed to $294M in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 91% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 37.7 | 27.4 | 57.2 | 90.8 | 34.0% |
| United States | 2.1 | 9.1 | 39.5 | 70.7 | 222.9% |
| France | 19.8 | 16.1 | 28.6 | 32.8 | 18.3% |
| Romania | 21.3 | 19.1 | 23.5 | 29.4 | 11.3% |
| India | 8.2 | 7.0 | 6.5 | 9.9 | 6.5% |
| Finland | 1.4 | 1.3 | 8.1 | 8.9 | 85.2% |
| Sweden | 10.3 | 4.1 | 5.4 | 7.4 | -10.4% |
| Netherlands | 7.2 | 5.6 | 6.4 | 5.7 | -7.5% |
| Belgium | 2.2 | 0.9 | 2.4 | 4.0 | 22.1% |
| Spain | 2.1 | 3.0 | 4.5 | 3.9 | 22.9% |
| Turkey | 0.4 | N/A | 1.4 | 3.4 | 104.1% |
| Taiwan (Chinese) | 3.9 | 2.6 | 2.8 | 0.9 | -38.7% |
| Mexico | 0.2 | 0.2 | 0.6 | 0.3 | 14.5% |
| Others | 11.6 | 7.3 | 11.1 | 26.0 | 30.9% |
| Total | 128 | 104 | 198 | 294 | 31.9% |
Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Italy in 2022:
- Germany (18.1K tons)
- France (8.8K tons)
- Romania (6.1K tons)
- Finland (4.1K tons)
- India (2.5K tons)
- Netherlands (2.2K tons)
- United States (1.9K tons)
- Turkey (1.3K tons)
- Belgium (1.3K tons)
- Spain (1.0K tons)
- Mexico (0.9K tons)
- Sweden (0.8K tons)
- Taiwan (Chinese) (0.3K tons)
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