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

Contents:

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

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

The average import price for steel, alloy stood at $1,040 per ton in 2022, picking up by 35% against the previous year. In general, the import price saw a modest increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 104% against the previous year. As a result, import price attained the peak level of $1,797 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +7.2% per year.

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

In 2022, supplies from abroad of steel, alloy decreased by -88.4% to 4.2K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of 146%. As a result, imports reached the peak of 46K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of steel, alloy dropped notably to $4.4M in 2022. Overall, imports faced a sharp downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 92%.

Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.524.124.84.4-29.4%
India0.20.11.5N/A173.9%
OthersN/A0.20.3N/A50.0%
Total12.824.526.64.4-29.9%

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

  1. China (4.2K tons)

Source: IndexBox Market Intelligence Platform

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