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

Contents:

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

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

In December 2023, the average import price for steel, alloy amounted to $3,120 per ton, rising by 3.8% against the previous month. In general, the import price, however, recorded a mild setback. The growth pace was the most rapid in February 2023 an increase of 7.5% m-o-m. The import price peaked at $3,976 per ton in March 2023; however, from April 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,846 per ton), while the price for China ($2,836 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+0.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 1.3K tons of steel, alloy were imported into Ukraine; reducing by -77.8% against the year before. Overall, imports showed a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of 5.8K tons, and then declined notably in the following year.

In value terms, imports of steel, alloy contracted dramatically to $3.6M in 2022. In general, imports showed a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 88% against the previous year. As a result, imports attained the peak of $11M, and then dropped significantly in the following year.

Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6.13.68.61.6-36.0%
ChinaN/AN/A0.20.9350.0%
Poland0.70.40.50.84.6%
Czech RepublicN/AN/A0.10.10.0%
Germany0.10.40.20.10.0%
South Korea0.71.31.10.1-47.7%
Others0.1N/AN/AN/A0%
Total7.75.710.73.6-22.4%

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

  1. Russia (651.2 tons)
  2. Poland (264.8 tons)
  3. China (257.1 tons)
  4. Czech Republic (68.7 tons)
  5. Germany (20.1 tons)
  6. South Korea (18.0 tons)

Source: IndexBox Market Intelligence Platform

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