Production of Iron and Non-Alloy Steel in Ingot in Switzerland - 2022
Iron and Non-Alloy Steel in Ingot Production in Switzerland - 2022
In 2022, after two years of growth, there was decline in production of iron and non-alloy steel in ingots, when its volume decreased by -1% to 1.2M tons. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 2.1% against the previous year. As a result, production attained the peak volume of 1.2M tons, and then shrank in the following year.
In value terms, production of iron and non-alloy steel in ingots declined to $12.9B in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2020 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, production reached the peak level of $14.5B, and then shrank in the following year.
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Switzerland.
This report provides an in-depth analysis of the non-alloy steel ingot market in Switzerland.
This report provides an in-depth analysis of the iron and steel market in Switzerland.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
Global Non-Alloy Steel Ingot Market Report 2018. This report provides an in-depth analysis of the global non-alloy steel ingot market.
This report provides an in-depth analysis of the global iron and steel market.
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Switzerland.
This report provides an in-depth analysis of the non-alloy steel ingot market in Switzerland.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
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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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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