Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in France - 2023

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in France (FOB) - 2023
2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in France (CIF) - 2023
3. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in France
4. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in France

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in France (FOB) - 2023

In December 2023, the average export price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,271 per ton, approximately reflecting the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 9.4% m-o-m. Over the period under review, the average export prices reached the maximum at $1,447 per ton in June 2023; however, from July 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was the United States ($2,559 per ton), while the average price for exports to Spain ($942 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in France (CIF) - 2023

In December 2023, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,296 per ton, with a decrease of -10.2% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 15% m-o-m. As a result, import price attained the peak level of $1,769 per ton. From May 2023 to December 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Belgium ($1,571 per ton), while the price for the UK ($927 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.9%), while the prices for the other major suppliers experienced a decline.

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in France

In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores exported from France dropped significantly to 1.9M tons, with a decrease of -17.1% on the year before. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores expanded sharply to $2.5B in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 58% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from France in 2022:

1. Spain (469.4K tons)
2. Germany (361.3K tons)
3. Italy (171.6K tons)
4. Turkey (164.0K tons)
5. Belgium (157.8K tons)
6. United Kingdom (57.9K tons)
7. Greece (56.1K tons)
8. India (45.6K tons)
9. Slovakia (42.2K tons)
10. United States (41.5K tons)
11. China (38.5K tons)
12. Mexico (37.9K tons)
13. Poland (37.1K tons)

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in France

In 2022, imports of alloy steel flat-rolled products, of a width 600mm or mores into France rose slightly to 638K tons, growing by 1.8% compared with the previous year's figure. Over the period under review, imports, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores skyrocketed to $935M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to France in 2022:

1. Germany (241.4K tons)
2. Belgium (225.6K tons)
3. Netherlands (56.0K tons)
4. Spain (22.9K tons)
5. Sweden (21.5K tons)
6. Italy (16.0K tons)
7. Austria (14.9K tons)

Source: IndexBox Market Intelligence Platform