Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Brazil - 2024

Contents:

  1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Brazil (FOB) - 2022
  2. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Brazil (CIF) - 2022
  3. Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Brazil
  4. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Brazil

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Brazil (FOB) - 2022

The average export price for steel, alloy stood at $819 per ton in 2022, with a decrease of -4.5% against the previous year. Overall, the export price, however, saw a temperate increase. The most prominent rate of growth was recorded in 2021 an increase of 80% against the previous year. As a result, the export price attained the peak level of $857 per ton, and then shrank modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($1,391 per ton), while the average price for exports to Pakistan ($454 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 Pakistan (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Brazil (CIF) - 2022

The average import price for steel, alloy stood at $1,778 per ton in 2022, increasing by 129% against the previous year. Over the period under review, the import price saw a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($2,338 per ton), while the price for Sweden ($1,361 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Brazil

In 2022, exports of steel, alloy from Brazil surged to 80K tons, rising by 30% compared with 2021. Overall, exports, however, faced a deep slump.

In value terms, exports of steel, alloy skyrocketed to $65M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 65%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey21.88.710.427.37.8%
Colombia18.77.48.818.5-0.4%
Mexico6.02.35.95.7-1.7%
Peru5.34.710.74.9-2.6%
Argentina2.7N/A0.33.25.8%
PakistanN/AN/AN/A3.00%
Chile5.73.35.41.6-34.5%
Vietnam3.41.1N/A0.6-43.9%
Others1.60.85.10.4-37.0%
Total65.328.346.765.30.0%

Top Export Markets for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils from Brazil in 2022:

  1. Turkey (36.1K tons)
  2. Colombia (20.5K tons)
  3. Pakistan (6.7K tons)
  4. Peru (5.5K tons)
  5. Mexico (4.9K tons)
  6. Argentina (2.3K tons)
  7. Chile (1.9K tons)
  8. Vietnam (1.2K tons)

Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Brazil

In 2022, approx. 661 tons of steel, alloy were imported into Brazil; reducing by -99% against the year before. In general, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 3,508% against the previous year. As a result, imports attained the peak of 66K tons, and then contracted notably in the following year.

In value terms, imports of steel, alloy shrank remarkably to $1.2M in 2022. Overall, imports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 2,378%. As a result, imports attained the peak of $51M, and then contracted remarkably in the following year.

Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1.51.31.50.6-26.3%
Sweden0.80.10.70.4-20.6%
GermanyN/AN/AN/A0.10%
South Korea0.80.4N/AN/A-50.0%
ChinaN/A0.148.9N/A48800.0%
United StatesN/AN/AN/AN/A0%
India2.7N/AN/AN/A0%
Others0.20.1N/AN/A-50.0%
Total6.02.151.21.2-41.5%

Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Brazil in 2022:

  1. Sweden (303.7 tons)
  2. Japan (260.6 tons)
  3. Germany (77.7 tons)
  4. United States (18.6 tons)

Source: IndexBox Market Intelligence Platform

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