Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Russia - 2022
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Russia (FOB) - 2022
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Russia (CIF) - 2022
- Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Russia
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Russia
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Russia (FOB) - 2022
In 2022, the average export price for steel, alloy amounted to $2,408 per ton, rising by 55% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for steel, alloy increased by +98.3% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($3,066 per ton), while the average price for exports to Tunisia ($1,311 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Russia (CIF) - 2022
The average import price for steel, alloy stood at $16,662 per ton in 2022, falling by -44.3% against the previous year. In general, the import price, however, recorded a significant increase. The growth pace was the most rapid in 2021 an increase of 1,556%. As a result, import price reached the peak level of $29,932 per ton, and then shrank remarkably in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +18.5% per year.
Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Russia
Exports of steel, alloy from Russia fell modestly to 202K tons in 2022, with a decrease of -1.5% on the year before. The total export volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 16%. As a result, the exports attained the peak of 205K tons, and then fell modestly in the following year.
In value terms, exports of steel, alloy surged to $487M in 2022. In general, exports, however, enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 62.2 | 46.5 | 72.2 | 121 | 24.8% |
| Italy | 29.5 | 29.8 | 37.2 | 114 | 56.9% |
| Turkey | 22.2 | 20.7 | 33.4 | 56.2 | 36.3% |
| United Arab Emirates | 47.4 | 27.7 | 42.6 | 50.0 | 1.8% |
| China | 4.3 | 11.8 | 7.1 | 21.8 | 71.8% |
| Mexico | 20.1 | 12.0 | 14.6 | 20.0 | -0.2% |
| Kazakhstan | 12.5 | 7.5 | 18.8 | 20.0 | 17.0% |
| Brazil | 10.4 | 8.7 | 11.5 | 19.2 | 22.7% |
| Tunisia | 3.2 | N/A | 9.0 | 18.7 | 80.1% |
| Canada | 10.5 | 15.0 | 17.1 | 15.7 | 14.4% |
| Uzbekistan | 5.0 | 3.8 | 7.0 | 7.9 | 16.5% |
| Belarus | 22.8 | 16.3 | 23.4 | N/A | 1.3% |
| Others | 26.1 | 14.8 | 25.6 | 22.7 | -4.5% |
| Total | 276 | 214 | 320 | 487 | 20.8% |
Top Export Markets for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented from Russia in 2022:
- Italy (46.8K tons)
- India (44.1K tons)
- United Arab Emirates (21.7K tons)
- Turkey (21.0K tons)
- China (15.2K tons)
- Tunisia (14.2K tons)
- Kazakhstan (9.2K tons)
- Mexico (6.5K tons)
- Brazil (6.4K tons)
- Canada (5.4K tons)
- Uzbekistan (2.8K tons)
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Russia
In 2022, imports of steel, alloy into Russia soared to 4.8 tons, rising by 140% against the previous year's figure. Overall, imports, however, showed a precipitous decrease.
In value terms, imports of steel, alloy soared to $81K in 2022. In general, imports, however, showed a sharp setback.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | N/A | 60.3 | 80.7 | 262.1% |
| South Korea | N/A | 199 | N/A | N/A | 0% |
| United Arab Emirates | 217 | N/A | N/A | N/A | 0% |
| Others | N/A | 74.7 | N/A | N/A | 0% |
| Total | 219 | 274 | 60.3 | 80.7 | -28.3% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented to Russia in 2022:
- China (4.8 tons)
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