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

Contents:

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

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

The average import price for steel, alloy stood at $969 per ton in 2022, surging by 4.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 18%. Over the period under review, average import prices hit record highs at $1,020 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +0.2% per year.

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

For the third consecutive year, Morocco recorded decline in overseas purchases of steel, alloy, which decreased by -0.3% to 329 tons in 2022. Over the period under review, imports faced a sharp curtailment.

In value terms, imports of steel, alloy rose slightly to $319K in 2022. Overall, imports saw a sharp reduction.

Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,224341293318-36.2%
OthersN/A8.212.20.7-70.8%
Total1,224349305319-36.1%

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

  1. France (328.3 tons)

Source: IndexBox Market Intelligence Platform

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