Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Azerbaijan - 2023
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Azerbaijan (CIF) - 2023
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Azerbaijan
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Azerbaijan (CIF) - 2023
The average import price for steel, alloy stood at $581 per ton in May 2023, with an increase of 19% against the previous month. Over the period from February 2023 to May 2023, it increased at an average monthly rate of +3.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From February 2023 to May 2023, the rate of growth in terms of prices for Russia amounted to +3.6% per month.
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Azerbaijan
After two years of decline, supplies from abroad of steel, alloy increased by 2,887% to 1.6 tons in 2022. In general, imports, however, faced a sharp downturn.
In value terms, imports of steel, alloy soared to $824 in 2022. Over the period under review, imports, however, saw a dramatic contraction.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2,432 | 366 | N/A | 0.8 | -93.1% |
| Others | 16.4 | 0.6 | N/A | N/A | -96.3% |
| Total | 2,448 | 367 | N/A | 0.8 | -93.1% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Azerbaijan in 2022:
- Russia (1551.0 kg)
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