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

Contents:

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

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

The average import price for steel, alloy stood at $2,660 per ton in 2022, picking up by 7% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2015 an increase of 35% against the previous year. As a result, import price reached the peak level of $2,971 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.2% per year.

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

In 2022, approx. 47 tons of steel, alloy were imported into Nepal; which is down by -12.1% compared with the year before. Over the period under review, imports showed a significant decline.

In value terms, imports of steel, alloy reduced to $124K in 2022. In general, imports saw a precipitous decrease.

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

1. India (46.7 tons)

Source: IndexBox Market Intelligence Platform