Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Angola - 2022

Contents:

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

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Angola (CIF) - 2022

In 2022, the average import price for steel, alloy amounted to $1,623 per ton, waning by -2.6% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 162% against the previous year. As a result, import price reached the peak level of $4,878 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +52.7% per year.

Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Angola

In 2022, purchases abroad of steel, alloy decreased by -14.8% to 69 kg, falling for the second year in a row after two years of growth. In general, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 132%. As a result, imports attained the peak of 95 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of steel, alloy shrank notably to $112 in 2022. Overall, imports saw a deep downturn.

Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to Angola in 2022:

1. France (69.0 kg)

Source: IndexBox Market Intelligence Platform