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

Contents:

  1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Romania (CIF) - 2023
  2. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Romania (FOB) - 2022
  3. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Romania
  4. Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Romania

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Romania (CIF) - 2023

In November 2023, the average import price for steel, alloy amounted to $1,395 per ton, with an increase of 23% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $1,490 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From December 2022 to November 2023, the rate of growth in terms of prices for Poland amounted to +15.3% per month.

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

In 2022, the average export price for steel, alloy amounted to $771 per ton, with a decrease of -6.5% against the previous year. In general, the export price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 54% against the previous year. The export price peaked at $3,242 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($822 per ton), while the average price for exports to North Macedonia amounted to $745 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+20.6%).

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

In 2022, imports of steel, alloy into Romania skyrocketed to 5.3K tons, growing by 67% compared with 2021 figures. Overall, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, alloy skyrocketed to $5.8M in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/A7561,41887.6%
Germany15.10.45311,305342.1%
France3036367531,02750.2%
Belgium86.70.8314786108.5%
Slovakia1,557580278483-32.3%
Czech Republic361300254356-0.5%
Poland11456.222121824.1%
Others30526628.6199-13.3%
Total2,7411,8393,1355,79328.3%

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

  1. Slovenia (1796.8 tons)
  2. Germany (956.2 tons)
  3. France (781.1 tons)
  4. Belgium (595.5 tons)
  5. Slovakia (452.2 tons)
  6. Czech Republic (427.0 tons)
  7. Poland (124.8 tons)

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

In 2022, overseas shipments of steel, alloy decreased by -78.2% to 1.6K tons, falling for the second year in a row after two years of growth. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 199,259%. As a result, the exports attained the peak of 15K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of steel, alloy declined rapidly to $1.3M in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 154,562%. As a result, the exports reached the peak of $8M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
North MacedoniaN/A0.13.00.8182.8%
TurkeyN/A7.82.80.4-77.4%
SerbiaN/AN/A0.4N/A0%
OthersN/A0.1N/AN/A0%
TotalN/A8.06.21.3-59.7%

Top Export Markets for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils from Romania in 2022:

  1. North Macedonia (1135.5 tons)
  2. Turkey (504.3 tons)

Source: IndexBox Market Intelligence Platform

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