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

Contents:

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

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

The average import price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,070 per ton in December 2023, shrinking by -13.2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 9.4% month-to-month. Over the period under review, average import prices hit record highs at $1,265 per ton in May 2023; however, from June 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,378 per ton), while the price for Turkey ($844 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 Slovenia (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,479 per ton in December 2023, declining by -2.7% against the previous month. Overall, the export price continues to indicate a mild decline. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 20% month-to-month. As a result, the export price reached the peak level of $1,951 per ton. From May 2023 to December 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($14,301 per ton), while the average price for exports to Turkey ($862 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 (+15.4%), 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 Romania

Imports of alloy steel flat-rolled products, of a width 600mm or mores into Romania soared to 322K tons in 2022, picking up by 25% compared with the previous year. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores skyrocketed to $361M in 2022. Over the period under review, imports saw prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey58.752.597.114133.9%
Slovakia54.028.428.551.9-1.3%
Germany27.827.037.945.617.9%
Austria26.620.026.938.312.9%
Slovenia1.11.214.137.0222.8%
Belgium12.58.89.610.3-6.2%
France8.24.26.18.1-0.4%
Others21.715.927.228.19.0%
Total21115824836119.6%

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

  1. Turkey (136.5K tons)
  2. Slovakia (40.8K tons)
  3. Germany (38.0K tons)
  4. Austria (37.2K tons)
  5. Slovenia (36.8K tons)
  6. Belgium (8.6K tons)
  7. France (5.7K tons)

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

After three years of growth, overseas shipments of alloy steel flat-rolled products, of a width 600mm or mores decreased by -7.2% to 61K tons in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.1% 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 +73.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 44% against the previous year.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores soared to $96M in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 102%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.013.529.825.9195.9%
Czech Republic6.34.68.911.522.2%
Hungary4.03.15.710.337.1%
Poland0.93.97.78.0107.1%
France1.10.21.26.278.0%
Germany9.13.72.94.7-19.8%
United States3.15.02.44.412.4%
GeorgiaN/AN/A1.94.1115.8%
FinlandN/A0.50.63.9179.3%
Bulgaria0.90.82.93.049.4%
Italy1.70.81.82.818.1%
United Kingdom2.20.81.12.0-3.1%
North MacedoniaN/A0.13.00.8182.8%
Others3.12.39.38.037.2%
Total33.139.379.295.742.5%

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

  1. Turkey (19.4K tons)
  2. Czech Republic (6.9K tons)
  3. Hungary (5.7K tons)
  4. Poland (4.8K tons)
  5. France (3.6K tons)
  6. Georgia (3.1K tons)
  7. Germany (3.0K tons)
  8. Finland (2.2K tons)
  9. United States (2.1K tons)
  10. Bulgaria (1.7K tons)
  11. Italy (1.6K tons)
  12. North Macedonia (1.1K tons)
  13. United Kingdom (1.0K tons)

Source: IndexBox Market Intelligence Platform

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