Production of Iron and Non-Alloy Steel in Ingot in Malaysia - 2022
Iron and Non-Alloy Steel in Ingot Production in Malaysia - 2022
Production of iron and non-alloy steel in ingots in Malaysia reduced to 6.1M tons in 2022, waning by -6.3% against 2021. Over the period under review, production, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 225,820%. As a result, production attained the peak volume of 6.6M tons. From 2021 to 2022, production of growth failed to regain momentum.
In value terms, production of iron and non-alloy steel in ingots shrank to $14.5B in 2022 estimated in export price. In general, production showed a noticeable setback. The pace of growth appeared the most rapid in 2021 when the production volume decreased by -1.5% against the previous year. Production of peaked at $15.5B in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.
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This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Malaysia.
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This report provides an in-depth analysis of the non-alloy steel ingot market in Malaysia.
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This report provides an in-depth analysis of the iron and steel market in Malaysia.
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This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
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Global Non-Alloy Steel Ingot Market Report 2018. This report provides an in-depth analysis of the global non-alloy steel ingot market.
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This report provides an in-depth analysis of the global iron and steel market.
950
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Malaysia.
337
This report provides an in-depth analysis of the non-alloy steel ingot market in Malaysia.
4730
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
487
Global Non-Alloy Steel Ingot Market Report 2018. This report provides an in-depth analysis of the global non-alloy steel ingot market.
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Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
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The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
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