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

Contents:

  1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in France (FOB) - 2023
  2. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in France (CIF) - 2022
  3. Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in France
  4. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in France

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

In December 2023, the average export price for steel, alloy amounted to $2,143 per ton, with a decrease of -18.6% against the previous month. In general, the export price showed a pronounced slump. The most prominent rate of growth was recorded in February 2023 an increase of 26% against the previous month. The export price peaked at $4,014 per ton in April 2023; however, from May 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Slovenia ($4,242 per ton), while the average price for exports to India ($1,378 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for steel, alloy amounted to $3,256 per ton, picking up by 98% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, alloy increased by +149.0% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($5,832 per ton), while the price for Italy ($1,996 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of steel, alloy exported from France soared to 63K tons, jumping by 32% on the previous year. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 53%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of steel, alloy surged to $190M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 126%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.68.621.532.244.8%
Italy14.810.618.628.324.1%
Turkey3.30.43.920.282.9%
India23.25.12.318.8-6.8%
Austria6.12.46.213.530.3%
Canada3.11.05.010.550.2%
Spain3.83.78.09.736.7%
Pakistan1.61.64.89.379.8%
Slovakia0.61.51.47.0126.8%
Slovenia2.92.64.55.725.3%
Taiwan (Chinese)1.40.52.35.153.9%
United Arab Emirates0.30.11.22.6105.4%
Saudi ArabiaN/A0.83.91.850.0%
Others18.47.320.424.910.6%
Total90.046.110419028.3%

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

  1. India (13.2K tons)
  2. Germany (11.4K tons)
  3. Italy (9.1K tons)
  4. Turkey (4.8K tons)
  5. Austria (3.7K tons)
  6. Pakistan (2.8K tons)
  7. Spain (2.6K tons)
  8. Canada (2.3K tons)
  9. Slovakia (1.6K tons)
  10. Taiwan (Chinese) (1.4K tons)
  11. Slovenia (1.3K tons)
  12. United Arab Emirates (1.2K tons)
  13. Saudi Arabia (1.1K tons)

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

In 2022, purchases abroad of steel, alloy decreased by -79.7% to 836 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a significant decline. The most prominent rate of growth was recorded in 2020 when imports increased by 42%. As a result, imports attained the peak of 5.5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of steel, alloy fell sharply to $2.7M in 2022. Over the period under review, imports continue to indicate a significant contraction. The smallest decline of -5.1% was in 2021.

Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic2.90.11.12.0-11.6%
Germany0.16.55.60.458.7%
Italy0.60.5N/A0.1-45.0%
SpainN/AN/AN/A0.10%
Japan3.3N/AN/AN/A0%
United Kingdom0.4N/AN/AN/A0%
Others0.4N/AN/A0.1-37.0%
Total7.77.16.82.7-29.5%

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

  1. Czech Republic (579.2 tons)
  2. Germany (155.0 tons)
  3. Italy (68.6 tons)
  4. Spain (22.9 tons)

Source: IndexBox Market Intelligence Platform

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