Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Finland - 2023

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Finland (CIF) - 2022
2. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Finland (FOB) - 2022
3. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Finland
4. Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Finland

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Finland (CIF) - 2022

In 2022, the average import price for steel, alloy amounted to $3,952 per ton, jumping by 39% against the previous year. Over the period under review, the import price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2013 an increase of 71%. As a result, import price reached the peak level of $12,996 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($4,109 per ton), while the price for Germany totaled $3,705 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Finland (FOB) - 2022

In 2022, the average export price for steel, alloy amounted to $7,283 per ton, waning by -6.5% against the previous year. Over the period under review, the export price continues to indicate a perceptible descent. The growth pace was the most rapid in 2020 an increase of 96% against the previous year. As a result, the export price attained the peak level of $13,017 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($7,400 per ton), while the average price for exports to the United States ($5,000 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+2.9%), while the prices for the other major destinations experienced a decline.

Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Finland

In 2022, approx. 227 tons of steel, alloy were imported into Finland; rising by 135% against the previous year. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 336% against the previous year. As a result, imports reached the peak of 420 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of steel, alloy soared to $896K in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented to Finland in 2022:

1. Netherlands (138.7 tons)
2. Germany (88.1 tons)

Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Finland

In 2022, approx. 120 kg of steel, alloy were exported from Finland; with an increase of 33% against 2021 figures. Over the period under review, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 204%. As a result, the exports reached the peak of 687 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of steel, alloy soared to $874 in 2022. In general, exports, however, recorded a deep slump. The growth pace was the most rapid in 2020 with an increase of 496%. As a result, the exports reached the peak of $8.9K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented from Finland in 2022:

1. Switzerland (78.0 kg)
2. Norway (40.0 kg)
3. United States (2.0 kg)

Source: IndexBox Market Intelligence Platform