Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Mexico - 2024

Contents:

  1. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Mexico (CIF) - 2024
  2. Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Mexico

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Mexico (CIF) - 2024

In March 2024, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $10,180 per ton, remaining stable against the previous month. Overall, the import price saw a perceptible contraction. As a result, import price reached the peak level of $11,337 per ton. From December 2023 to March 2024, 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 the United States.

From November 2023 to March 2024, the rate of growth in terms of prices for the United States amounted to -2.7% per month.

Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Mexico

After two years of decline, overseas purchases of steel, stainless; semi-finished products, other than of rectangular cross-sectia increased by 106% to 1.3K tons in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn.

In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $8.7M in 2022. In general, imports, however, continue to indicate a pronounced contraction.

Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.74.33.48.012.0%
AustriaN/AN/AN/A0.40%
Italy3.71.30.50.1-70.0%
OthersN/A0.1N/A0.10.0%
Total9.55.74.08.7-2.9%

Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Mexico in 2022:

  1. United States (1232.7 tons)
  2. Austria (28.7 tons)
  3. Italy (20.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, stainless; semi-finished products, other than of rectangular cross-section - Mexico