Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Luxembourg - 2023

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Luxembourg (CIF) - 2022
2. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Luxembourg

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Luxembourg (CIF) - 2022

In 2022, the average import price for steel, alloy amounted to $712 per ton, reducing by -16.7% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 96% against the previous year. Over the period under review, average import prices attained the peak figure at $2,440 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($866 per ton) and Germany ($847 per ton), while the price for Belgium ($587 per ton) and France ($704 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.2%), while the prices for the other major suppliers experienced a decline.

Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Luxembourg

In 2022, imports of steel, alloy into Luxembourg declined markedly to 794 tons, with a decrease of -44.4% against the year before. Overall, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 368% against the previous year. As a result, imports reached the peak of 1.4K tons, and then reduced notably in the following year.

In value terms, imports of steel, alloy dropped notably to $565K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 703%. As a result, imports attained the peak of $1.2M, and then fell rapidly in the following year.

Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Luxembourg in 2022:

1. France (503.6 tons)
2. Belgium (142.1 tons)
3. Germany (75.0 tons)
4. Netherlands (73.0 tons)

Source: IndexBox Market Intelligence Platform