Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Russia - 2022
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Russia (FOB) - 2022
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Russia (CIF) - 2022
- Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Russia
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Russia
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Russia (FOB) - 2022
In 2022, the average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $645 per ton, falling by -10.2% against the previous year. Over the period under review, the export price recorded a mild decrease. The most prominent rate of growth was recorded in 2021 an increase of 57%. Over the period under review, the average export prices hit record highs at $762 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Belarus ($918 per ton), while the average price for exports to Uzbekistan ($565 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 Greece (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Russia (CIF) - 2022
In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $814 per ton, shrinking by -14.4% against the previous year. In general, the import price recorded a perceptible reduction. The growth pace was the most rapid in 2021 when the average import price increased by 42%. The import price peaked at $1,033 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,485 per ton), while the price for Moldova ($665 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Russia
In 2022, approx. 85K tons of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses were exported from Russia; declining by -30.5% against 2021. In general, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 157% against the previous year. As a result, the exports attained the peak of 122K tons, and then contracted sharply in the following year.
In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses fell rapidly to $55M in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 304%. As a result, the exports attained the peak of $88M, and then declined markedly in the following year.
| Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkmenistan | 1.0 | 2.2 | 4.3 | 18.4 | 164.0% |
| Greece | 0.8 | 1.9 | 3.4 | 14.6 | 163.3% |
| Uzbekistan | 2.2 | 0.9 | 1.6 | 7.0 | 47.1% |
| Kazakhstan | 6.3 | 7.0 | 12.8 | 5.6 | -3.9% |
| Mongolia | 0.4 | 0.1 | 0.8 | 3.6 | 108.0% |
| Belarus | 10.5 | 8.1 | 13.6 | 2.4 | -38.9% |
| Romania | N/A | N/A | 0.4 | 1.5 | 275.0% |
| Nicaragua | N/A | N/A | 11.6 | N/A | 0% |
| Colombia | N/A | N/A | 14.0 | N/A | 0% |
| Guatemala | N/A | N/A | 12.4 | N/A | 0% |
| El Salvador | N/A | N/A | 8.4 | N/A | 0% |
| Others | 7.8 | 1.6 | 4.4 | 1.7 | -39.8% |
| Total | 28.9 | 21.7 | 87.8 | 54.7 | 23.7% |
Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Russia in 2022:
- Turkmenistan (29.8K tons)
- Greece (21.8K tons)
- Uzbekistan (12.4K tons)
- Kazakhstan (8.4K tons)
- Mongolia (4.8K tons)
- Belarus (2.6K tons)
- Romania (2.1K tons)
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Russia
In 2022, approx. 8.9K tons of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses were imported into Russia; waning by -2.8% compared with the previous year. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 5.9%. As a result, imports attained the peak of 9.1K tons, and then dropped modestly in the following year.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses fell dramatically to $7.2M in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports attained the peak of $8.7M, and then fell rapidly in the following year.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 5.0 | 3.6 | 5.3 | 6.2 | 7.4% |
| Moldova | N/A | 0.6 | 0.4 | 0.4 | -18.4% |
| Germany | 0.5 | 0.4 | N/A | 0.3 | -15.7% |
| China | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Italy | 1.3 | 0.5 | 0.8 | 0.1 | -57.5% |
| Netherlands | 0.1 | 0.4 | 1.1 | N/A | 231.7% |
| Turkey | N/A | 0.1 | 0.7 | N/A | 600.0% |
| Others | 0.1 | N/A | 0.2 | N/A | 41.4% |
| Total | 7.1 | 5.7 | 8.7 | 7.2 | 0.5% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Russia in 2022:
- Belarus (7.7K tons)
- Moldova (0.7K tons)
- Germany (0.2K tons)
- China (0.2K tons)
- Italy (0.1K tons)
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