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

Contents:

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

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

In 2022, the average import price for steel, alloy amounted to $2,929 per ton, picking up by 76% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 +156.5% against 2020 indices. As a result, import price attained 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 Poland ($3,875 per ton), while the price for the Czech Republic ($930 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, purchases abroad of steel, alloy decreased by -56.4% to 272 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a sharp decline. The growth pace was the most rapid in 2020 when imports increased by 65%. As a result, imports reached the peak of 1.2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of steel, alloy contracted sharply to $797K in 2022. In general, imports showed a deep reduction. The growth pace was the most rapid in 2020 when imports increased by 0.9% against the previous year. As a result, imports attained the peak of $1.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Poland (114.5 tons)
2. Czech Republic (65.5 tons)
3. Germany (49.4 tons)
4. Italy (42.5 tons)

Source: IndexBox Market Intelligence Platform