Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Ireland - 2023

Contents:

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

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

The average import price for steel, alloy stood at $3,817 per ton in 2022, jumping by 271% against the previous year. In general, the import price saw prominent growth. 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 Germany ($6,831 per ton), while the price for Romania amounted to $2,154 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-1.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, purchases abroad of steel, alloy decreased by -92.4% to 35 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a sharp reduction. The growth pace was the most rapid in 2020 when imports increased by 72%. As a result, imports reached the peak of 1.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of steel, alloy reduced sharply to $134K in 2022. Overall, imports saw a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 78%. As a result, imports reached the peak of $1.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A37.685.1126.3%
RomaniaN/AN/AN/A48.70%
United Kingdom8011,425436N/A-26.2%
OthersN/AN/AN/AN/A0%
Total8011,425473134-44.9%

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

  1. Romania (22.6 tons)
  2. Germany (12.5 tons)

Source: IndexBox Market Intelligence Platform

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