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

Contents:

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

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Netherlands (FOB) - 2024

In April 2024, the average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $2,809 per ton, reducing by -1.8% against the previous month. Over the period under review, the export price continues to indicate a mild contraction. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 7.4% month-to-month. The export price peaked at $3,565 per ton in May 2023; however, from June 2023 to April 2024, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In April 2024, the country with the highest price was the United States ($6,259 per ton), while the average price for exports to Egypt ($861 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 Turkey (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Netherlands (CIF) - 2022

The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $3,523 per ton in 2022, surging by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($5,525 per ton), while the price for Poland ($2,435 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.4%), 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 the Netherlands

In 2022, overseas shipments of stainless steel, flat-rolled, width less than 600mm, cold-rolleds decreased by -9.5% to 53K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.2% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 49% against the previous year. As a result, the exports reached the peak of 59K tons, and then fell in the following year.

In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds expanded notably to $195M in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 70%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany52.552.087.798.223.2%
France9.210.425.026.943.0%
Italy4.75.66.013.542.1%
United Kingdom9.45.08.812.610.3%
Austria4.66.93.29.326.4%
Belgium10.810.412.67.3-12.2%
CanadaN/AN/A6.34.4-30.2%
Spain5.63.06.84.0-10.6%
North Macedonia0.10.3N/A3.1214.1%
Poland1.90.73.43.016.4%
Turkey1.00.82.31.923.9%
Others8.97.712.810.76.3%
Total10910317519521.4%

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

  1. Germany (28.6K tons)
  2. France (6.9K tons)
  3. United Kingdom (3.1K tons)
  4. Italy (3.0K tons)
  5. Belgium (2.3K tons)
  6. Austria (1.9K tons)
  7. North Macedonia (1.2K tons)
  8. Canada (1.1K tons)
  9. Spain (1.0K tons)
  10. Poland (0.9K tons)
  11. Turkey (0.8K tons)

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

In 2022, purchases abroad of stainless steel, flat-rolled, width less than 600mm, cold-rolleds decreased by -4.4% to 29K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year.

In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds skyrocketed to $101M in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 45%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.717.719.121.99.5%
Finland6.310.614.518.242.4%
South Korea1.86.717.318.2116.2%
South Africa0.16.39.611.4384.9%
Belgium3.65.85.58.432.6%
VietnamN/A2.02.13.736.0%
Italy2.11.23.02.810.1%
France4.63.93.62.6-17.3%
Austria0.10.10.71.7157.1%
Poland0.30.50.71.467.1%
Spain2.81.21.40.5-43.7%
Romania1.60.90.9N/A-25.0%
Others4.77.87.610.329.9%
Total44.764.685.910131.2%

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

  1. Germany (6.1K tons)
  2. Finland (5.8K tons)
  3. South Africa (4.4K tons)
  4. South Korea (3.9K tons)
  5. Belgium (2.6K tons)
  6. France (0.9K tons)
  7. Italy (0.8K tons)
  8. Austria (0.7K tons)
  9. Vietnam (0.7K tons)
  10. Poland (0.6K tons)
  11. Spain (0.1K tons)

Source: IndexBox Market Intelligence Platform

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