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

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in the Czech Republic (CIF) - 2024
2. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in the Czech Republic (FOB) - 2024
3. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in the Czech Republic
4. Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in the Czech Republic

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in the Czech Republic (CIF) - 2024

In November 2023, the average import price for steel, alloy amounted to $875 per ton, which is down by -3.2% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 6.3% m-o-m. Over the period under review, average import prices attained the peak figure at $990 per ton in May 2023; however, from June 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($1,340 per ton), while the price for the Netherlands ($715 per ton) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in the Czech Republic (FOB) - 2024

The average export price for steel, alloy stood at $1,098 per ton in November 2023, which is down by -17.2% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 17% against the previous month. As a result, the export price attained the peak level of $1,404 per ton. From June 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Poland ($1,542 per ton), while the average price for exports to Italy ($668 per ton) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of steel, alloy into the Czech Republic dropped to 40K tons, with a decrease of -12.8% on the year before. In general, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 86%. As a result, imports attained the peak of 46K tons, and then fell in the following year.

In value terms, imports of steel, alloy contracted to $43M in 2022. Over the period under review, imports, however, posted a strong expansion. The growth pace was the most rapid in 2021 with an increase of 182% against the previous year. As a result, imports reached the peak of $43M, leveling off in the following year.

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

1. Slovakia (19.2K tons)
2. Italy (12.1K tons)
3. Germany (2.5K tons)
4. Austria (1.5K tons)
5. Netherlands (1.4K tons)
6. Poland (1.3K tons)
7. Hungary (0.8K tons)

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

In 2022, exports of steel, alloy from the Czech Republic stood at 2.2K tons, surging by 6.5% compared with the previous year's figure. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 261%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of steel, alloy surged to $2.8M in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 307% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

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

1. Slovenia (884.9 tons)
2. Poland (690.0 tons)
3. Germany (492.2 tons)
4. Hungary (90.2 tons)
5. Slovakia (28.5 tons)

Source: IndexBox Market Intelligence Platform