Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Romania - 2023
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Romania (CIF) - 2023
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Romania (FOB) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Romania
- Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Romania
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Romania (CIF) - 2023
The average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $829 per ton in August 2023, picking up by 6.2% against the previous month. Overall, the import price, however, recorded a slight contraction. The pace of growth appeared the most rapid in April 2023 an increase of 20% month-to-month. As a result, import price reached the peak level of $1,031 per ton. From May 2023 to August 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Moldova.
From December 2022 to August 2023, the rate of growth in terms of prices for Germany amounted to +11.9% per month.
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Romania (FOB) - 2022
In 2022, the average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $11,721 per ton, with an increase of 14% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 546%. As a result, the export price attained the peak level of $45,221 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($61,962 per ton), while the average price for exports to Serbia stood at $11,340 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+55.6%).
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Romania
In 2022, overseas purchases of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses increased by 76% to 18K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a mild curtailment.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses soared to $18M in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 53%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | 0.4 | 2.4 | 2.2 | 5.0 | 132.1% |
| Italy | 2.4 | 2.6 | 2.4 | 4.7 | 25.1% |
| Greece | 0.3 | 0.9 | 2.3 | 2.1 | 91.3% |
| Poland | 0.1 | 0.1 | 0.6 | 2.0 | 171.4% |
| Germany | 1.0 | 0.7 | 0.5 | 1.1 | 3.2% |
| Bulgaria | 0.5 | 1.2 | 1.2 | 0.8 | 17.0% |
| Austria | 0.7 | 0.6 | 0.5 | 0.6 | -5.0% |
| France | 1.2 | 0.1 | 0.1 | 0.1 | -56.3% |
| Russia | N/A | 0.9 | N/A | N/A | 0% |
| United Kingdom | N/A | 0.1 | 0.3 | N/A | 200.0% |
| Others | N/A | 0.5 | 1.4 | 1.3 | 61.2% |
| Total | 6.6 | 10.2 | 11.6 | 17.7 | 38.9% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Romania in 2022:
- Moldova (5.9K tons)
- Italy (5.8K tons)
- Poland (1.8K tons)
- Greece (1.8K tons)
- Bulgaria (0.8K tons)
- Germany (0.5K tons)
- Austria (0.4K tons)
Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Romania
In 2022, the amount of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses exported from Romania dropped to 323 kg, declining by -7.2% compared with the previous year's figure. In general, exports showed a sharp descent. The smallest decline of -2.2% was in 2020.
In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses expanded markedly to $3.8K in 2022. Over the period under review, exports showed a sharp contraction.
| Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | N/A | N/A | N/A | 3.6 | 0% |
| Slovakia | 70.9 | 7.8 | 2.5 | N/A | -81.2% |
| Others | 0.8 | 0.2 | 1.1 | 0.1 | -50.0% |
| Total | 71.7 | 8.0 | 3.6 | 3.8 | -62.4% |
Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Romania in 2022:
- Serbia (320.0 kg)
- Slovakia (1.0 kg)
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