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

Contents:

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

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

In 2022, the average import price for steel, alloy amounted to $24,200 per ton, approximately reflecting the previous year. Overall, the import price posted significant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 446% against the previous year. The import price peaked at $27,200 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +11.0% per year.

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

In 2022, purchases abroad of steel, alloy decreased by 0% to 5 kg, falling for the second year in a row after two years of growth. In general, imports saw a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 39%. As a result, imports reached the peak of 819 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of steel, alloy totaled $121 in 2022. Overall, imports showed a sharp slump. The smallest decline of -73.3% was in 2020.

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

1. United Kingdom (5.0 kg)

Source: IndexBox Market Intelligence Platform