Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in the United States - 2024

Contents:

  1. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in the United States (CIF) - 2022
  2. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in the United States (FOB) - 2022
  3. Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in the United States
  4. Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in the United States

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in the United States (CIF) - 2022

The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $10,303 per ton in 2022, jumping by 28% against the previous year. In general, the import price, however, saw a slight descent. The import price peaked at $12,627 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($37,663 per ton), while the price for China ($6,974 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in the United States (FOB) - 2022

In 2022, the average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $31,344 per ton, dropping by -6.9% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices hit record highs at $33,786 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($93,499 per ton), while the average price for exports to Mexico ($18,259 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in the United States

Imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into the United States surged to 29K tons in 2022, picking up by 57% compared with the year before. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia soared to $300M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China78.953.465.712717.2%
Japan32.727.532.150.615.7%
Czech Republic26.069.01.726.40.5%
India5.44.810.326.469.7%
South Korea8.85.96.312.813.3%
Spain5.25.71.911.630.7%
Germany18.911.810.411.1-16.3%
Ukraine6.26.25.79.214.1%
Others44.420.015.525.2-17.2%
Total2262041503009.9%

Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to the United States in 2022:

  1. China (18.2K tons)
  2. India (3.6K tons)
  3. Japan (2.4K tons)
  4. Czech Republic (1.2K tons)
  5. South Korea (0.9K tons)
  6. Spain (0.9K tons)
  7. Ukraine (0.5K tons)
  8. Germany (0.3K tons)

Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in the United States

In 2022, overseas shipments of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia were finally on the rise to reach 3.6K tons after two years of decline. In general, exports, however, showed a noticeable contraction.

In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia soared to $112M in 2022. Over the period under review, exports, however, recorded a slight slump.

Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada25.317.221.527.02.2%
Mexico16.615.612.824.113.2%
China11.49.59.89.5-5.9%
South Korea4.42.63.13.8-4.8%
Ireland1.81.02.33.524.8%
Singapore7.14.62.43.3-22.5%
Costa Rica3.32.52.83.30.0%
United Kingdom4.13.52.72.8-11.9%
Netherlands1.92.02.42.59.6%
Saudi Arabia3.91.32.70.8-41.0%
Others38.535.028.531.7-6.3%
Total11894.890.8112-1.7%

Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from the United States in 2022:

  1. Mexico (1318.4 tons)
  2. Canada (1038.3 tons)
  3. China (157.6 tons)
  4. South Korea (99.3 tons)
  5. Ireland (83.0 tons)
  6. Costa Rica (70.2 tons)
  7. Netherlands (59.2 tons)
  8. Singapore (58.3 tons)
  9. United Kingdom (54.6 tons)
  10. Saudi Arabia (25.4 tons)

Source: IndexBox Market Intelligence Platform

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