Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Belarus - 2022

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Belarus (CIF) - 2022
2. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Belarus (FOB) - 2022
3. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Belarus
4. Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Belarus

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Belarus (CIF) - 2022

The average import price for steel, alloy stood at $1,308 per ton in March 2022, reducing by -22.3% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2021 an increase of 13% against the previous month. Over the period under review, average import prices reached the peak figure at $2,009 per ton in January 2022; however, from February 2022 to March 2022, import prices failed to regain momentum.

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

From March 2021 to March 2022, the rate of growth in terms of prices for China amounted to +4.5% per month.

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Belarus (FOB) - 2022

In 2021, the average export price for steel, alloy amounted to $1,700 per ton, approximately reflecting the previous year. In general, the export price saw a tangible increase. The growth pace was the most rapid in 2019 when the average export price increased by 108%. As a result, the export price reached the peak level of $4,118 per ton. From 2020 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Ukraine.

From 2012 to 2021, the rate of growth in terms of prices for Egypt amounted to +20.0% per year.

Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Belarus

In 2022, approx. 14K tons of steel, alloy were imported into Belarus; dropping by -18% on 2021. Over the period under review, imports recorded a noticeable decrease. The growth pace was the most rapid in 2021 when imports increased by 9.4% against the previous year. As a result, imports attained the peak of 18K tons, and then dropped significantly in the following year.

In value terms, imports of steel, alloy shrank remarkably to $21M in 2022. Overall, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports reached the peak of $27M, and then shrank significantly in the following year.

Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented to Belarus in 2022:

1. Russia (12.5K tons)
2. South Korea (1.0K tons)
3. China (0.7K tons)
4. Japan (0.2K tons)

Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Belarus

Exports of steel, alloy from Belarus was estimated at 5 tons in 2021, almost unchanged from the previous year. In general, exports recorded a sharp slump. The smallest decline of 99.9% was in 2020.

In value terms, exports of steel, alloy totaled $8.5K in 2021. Overall, exports saw a significant curtailment. The smallest decline of 99.9% was in 2020.

Top Export Markets for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented from Belarus in 2022:

1. Ukraine (5.0 tons)

Source: IndexBox Market Intelligence Platform