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

Contents:

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

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

The average import price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,160 per ton in November 2023, rising by 16% against the previous month. Over the period under review, the import price, however, recorded a slight shrinkage. Over the period under review, average import prices attained the maximum at $1,553 per ton in June 2023; however, from July 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Belgium ($1,355 per ton), while the price for France ($773 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+1.6%), while the prices for the other major suppliers experienced a decline.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Luxembourg (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,223 per ton in 2022, with an increase of 8.6% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,238 per ton in 2012; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($1,950 per ton), while the average price for exports to Belgium ($835 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 Finland (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores imported into Luxembourg dropped notably to 16K tons, declining by -66.2% on 2021. Overall, imports showed a precipitous contraction. The smallest decline of -38.6% was in 2020.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores declined sharply to $21M in 2022. Over the period under review, imports continue to indicate a sharp downturn. The smallest decline of -23% was in 2021.

Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium3.811.18.29.334.8%
Germany1.12.92.55.065.7%
France57.229.021.22.5-64.8%
Netherlands0.10.41.41.9166.8%
DenmarkN/A0.20.11.3155.0%
SlovakiaN/AN/AN/A0.70%
Others0.3N/A0.30.732.6%
Total62.443.733.621.4-30.0%

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

  1. Belgium (6.4K tons)
  2. Germany (3.7K tons)
  3. France (2.5K tons)
  4. Netherlands (1.6K tons)
  5. Denmark (1.0K tons)
  6. Slovakia (0.6K tons)

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

For the third consecutive year, Luxembourg recorded decline in shipments abroad of alloy steel flat-rolled products, of a width 600mm or mores, which decreased by -98.1% to 951 tons in 2022. Overall, exports faced a precipitous contraction. The smallest decline of -41% was in 2020.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores fell remarkably to $1.2M in 2022. In general, exports continue to indicate a precipitous contraction. The smallest decline of -36.9% was in 2021.

Export of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany52.458.450.90.5-78.8%
Sweden1.41.30.60.3-40.2%
FinlandN/A0.2N/A0.1-29.3%
France12.92.60.80.1-80.2%
Belgium14.01.01.30.1-80.7%
Slovakia1.30.20.10.1-57.5%
Spain5.70.3N/AN/A-94.7%
South Korea16.08.0N/AN/A-50.0%
United Kingdom3.61.7N/AN/A-52.8%
Poland4.53.11.4N/A-44.2%
Mexico8.23.8N/AN/A-53.7%
Italy6.92.41.2N/A-58.3%
Turkey13.23.60.1N/A-91.3%
Others12.13.50.6N/A-77.7%
Total15290.256.91.2-80.1%

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

  1. Germany (477.1 tons)
  2. Sweden (172.3 tons)
  3. Belgium (76.3 tons)
  4. Slovakia (73.6 tons)
  5. Italy (54.4 tons)
  6. France (53.4 tons)
  7. Finland (39.9 tons)
  8. Poland (3.4 tons)

Source: IndexBox Market Intelligence Platform

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