Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Brazil - 2024
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Brazil (CIF) - 2024
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Brazil (FOB) - 2024
- Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Brazil
- Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Brazil
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Brazil (CIF) - 2024
The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $2,956 per ton in September 2023, increasing by 21% against the previous month. Over the period under review, import price indicated a mild increase from February 2023 to September 2023: its price increased at an average monthly rate of +1.6% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for alloy steel flat-rolled products, of a width of less than 600mms increased by +21.1% against August 2023 indices. The pace of growth appeared the most rapid in March 2023 an increase of 46% m-o-m. As a result, import price attained the peak level of $3,874 per ton. From April 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($20,588 per ton), while the price for Italy ($1,150 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+42.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Brazil (FOB) - 2024
The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $2,265 per ton in September 2023, waning by -6.2% against the previous month. Overall, the export price continues to indicate a mild descent. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 12% against the previous month. The export price peaked at $2,831 per ton in April 2023; however, from May 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4,941 per ton), while the average price for exports to Spain ($581 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Brazil
In 2022, imports of alloy steel flat-rolled products, of a width of less than 600mms into Brazil soared to 16K tons, jumping by 20% on 2021. The total import volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 of less than 600mms surged to $41M in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.8 | 6.4 | 13.2 | 18.0 | 38.3% |
| China | 2.1 | 1.6 | 2.5 | 6.1 | 42.7% |
| Japan | 1.9 | 1.9 | 2.7 | 5.7 | 44.2% |
| Italy | 0.6 | 0.5 | 1.3 | 2.2 | 54.2% |
| United States | 0.8 | 0.5 | 1.0 | 2.2 | 40.1% |
| Slovenia | 0.5 | 0.8 | 0.8 | 2.1 | 61.3% |
| Austria | 3.3 | 1.7 | 2.0 | 1.7 | -19.8% |
| India | 0.3 | 0.3 | 0.5 | 0.9 | 44.2% |
| Switzerland | 1.8 | 1.6 | 1.0 | 0.8 | -23.7% |
| South Korea | 0.8 | 1.0 | 1.4 | 0.2 | -37.0% |
| Denmark | N/A | 2.0 | N/A | N/A | 0% |
| United Arab Emirates | 2.6 | 0.2 | N/A | N/A | -92.3% |
| Others | 1.4 | 0.7 | 1.5 | 1.6 | 4.6% |
| Total | 23.0 | 19.1 | 28.1 | 41.5 | 21.7% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Brazil in 2022:
- Germany (8.4K tons)
- Japan (2.0K tons)
- Italy (1.4K tons)
- China (1.4K tons)
- United States (0.8K tons)
- Slovenia (0.6K tons)
- Austria (0.5K tons)
- India (0.2K tons)
- Switzerland (0.2K tons)
- South Korea (0.1K tons)
Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Brazil
In 2022, exports of alloy steel flat-rolled products, of a width of less than 600mms from Brazil expanded remarkably to 5.3K tons, surging by 10% on the previous year. Over the period under review, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year.
In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms surged to $13M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 56%.
| Export of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 4.0 | 3.8 | 5.0 | 6.3 | 16.3% |
| United States | 0.1 | 0.1 | 0.3 | 1.8 | 162.1% |
| Turkey | 0.3 | N/A | N/A | 0.8 | 38.7% |
| Italy | 0.5 | 0.4 | 0.4 | 0.8 | 17.0% |
| Argentina | 0.5 | 0.4 | 1.0 | 0.8 | 17.0% |
| Canada | 4.9 | N/A | 0.1 | 0.7 | -47.7% |
| United Kingdom | 1.0 | 0.1 | N/A | 0.6 | -15.7% |
| Germany | 0.1 | N/A | 0.2 | 0.4 | 58.7% |
| China | 0.9 | 0.6 | 1.0 | 0.3 | -30.7% |
| Others | 1.1 | 0.5 | 1.4 | 0.7 | -14.0% |
| Total | 13.5 | 6.0 | 9.3 | 13.2 | -0.7% |
Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Brazil in 2022:
- Mexico (2458.0 tons)
- Italy (735.0 tons)
- United States (438.1 tons)
- Argentina (426.0 tons)
- Turkey (342.8 tons)
- Germany (176.9 tons)
- United Kingdom (149.3 tons)
- Canada (147.1 tons)
- China (144.4 tons)
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