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

Contents:

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

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

The average export price for steel, alloy stood at $856 per ton in 2022, increasing by 42% against the previous year. In general, the export price showed a pronounced increase. The pace of growth appeared the most rapid in 2021 an increase of 62% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($921 per ton) and Italy ($889 per ton), while the average price for exports to Iraq ($703 per ton) and Israel ($744 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for steel, alloy stood at $1,218 per ton in 2022, with an increase of 29% against the previous year. Over the period under review, the import price showed strong growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 43% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to +20.9% per year.

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

Exports of steel, alloy from Ukraine dropped sharply to 938 tons in 2022, shrinking by -98.5% against the previous year. Overall, exports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 291%. As a result, the exports reached the peak of 63K tons, and then contracted significantly in the following year.

In value terms, exports of steel, alloy contracted remarkably to $803K in 2022. In general, exports faced a precipitous contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 532%. As a result, the exports reached the peak of $38M, and then declined notably in the following year.

Export of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A0.30%
PolandN/AN/A0.10.3200.0%
IsraelN/AN/A0.10.10.0%
Thailand14.7N/A37.3N/A59.3%
IraqN/AN/AN/AN/A0%
TurkeyN/A5.60.4N/A-92.9%
Others0.70.40.2N/A-46.5%
Total15.56.038.10.8-62.8%

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

  1. Italy (387.5 tons)
  2. Poland (292.4 tons)
  3. Israel (176.5 tons)
  4. Iraq (67.8 tons)

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

In 2022, purchases abroad of steel, alloy decreased by -35.6% to 434 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 309%. As a result, imports attained the peak of 735 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of steel, alloy dropped significantly to $528K in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 333%.

Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia76.845462952890.1%
China35.5N/AN/AN/A0%
OthersN/A31.96.1N/A-80.9%
Total11248663552867.7%

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

  1. Slovakia (433.8 tons)

Source: IndexBox Market Intelligence Platform

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