Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Switzerland - 2024
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Switzerland (CIF) - 2024
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Switzerland (FOB) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Switzerland
- Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Switzerland
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Switzerland (CIF) - 2024
In December 2023, the average import price for steel, alloy amounted to $1,083 per ton, remaining stable against the previous month. Over the period under review, the import price continues to indicate a slight contraction. The growth pace was the most rapid in November 2023 an increase of 3.6% month-to-month. Over the period under review, average import prices attained the peak figure at $1,283 per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Austria ($1,237 per ton), while the price for Germany stood at $1,076 per ton.
From March 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Austria (-0.7%).
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Switzerland (FOB) - 2022
The average export price for steel, alloy stood at $1,136 per ton in 2022, growing by 20% against the previous year. Overall, the export price, however, showed a slight downturn. The pace of growth appeared the most rapid in 2019 an increase of 311%. As a result, the export price attained the peak level of $3,378 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($1,147 per ton), while the average price for exports to Germany amounted to $683 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Switzerland
After two years of decline, supplies from abroad of steel, alloy increased by 35% to 28K tons in 2022. Overall, imports, however, showed a abrupt decrease.
In value terms, imports of steel, alloy skyrocketed to $32M in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 26.1 | 12.4 | 13.9 | 24.2 | -2.5% |
| Austria | 4.8 | 3.5 | 4.8 | 7.5 | 16.0% |
| Others | 0.6 | 0.2 | 0.1 | 0.3 | -20.6% |
| Total | 31.5 | 16.1 | 18.8 | 32.0 | 0.5% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Switzerland in 2022:
- Germany (21.9K tons)
- Austria (5.4K tons)
Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Switzerland
In 2022, exports of steel, alloy from Switzerland soared to 957 tons, increasing by 99% against the year before. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 601%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of steel, alloy skyrocketed to $1.1M in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 750% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | N/A | 1,070 | 0% |
| Germany | 19.0 | 53.5 | 268 | 15.9 | -5.8% |
| Dominican Republic | 256 | N/A | N/A | N/A | 0% |
| Peru | N/A | N/A | 185 | N/A | 0% |
| Others | 1.1 | N/A | 2.4 | 0.7 | -14.0% |
| Total | 276 | 53.5 | 455 | 1,087 | 57.9% |
Top Export Markets for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils from Switzerland in 2022:
- Israel (932.6 tons)
- Germany (23.2 tons)
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