Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Paraguay - 2024
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Paraguay (CIF) - 2024
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Paraguay
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Paraguay (CIF) - 2024
In July 2023, the average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses amounted to $909 per ton, surging by 6.1% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $917 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Chile ($1,000 per ton) and Argentina ($938 per ton), while the price for Turkey ($822 per ton) and Brazil ($897 per ton) were amongst the lowest.
From February 2023 to July 2023, the most notable rate of growth in terms of prices was attained by Chile (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Paraguay
After three years of growth, purchases abroad of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses decreased by -46.8% to 24K tons in 2022. Over the period under review, imports showed a perceptible curtailment. The growth pace was the most rapid in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of 45K tons, and then declined significantly in the following year.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses shrank dramatically to $20M in 2022. Overall, imports, however, recorded measured growth. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. As a result, imports attained the peak of $36M, and then shrank significantly in the following year.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.3 | 9.3 | 20.3 | 9.8 | 31.6% |
| Brazil | 3.8 | 3.4 | 6.1 | 5.9 | 15.8% |
| Argentina | 7.7 | 4.2 | 9.4 | 3.5 | -23.1% |
| Chile | 1.7 | 2.1 | 0.2 | 0.9 | -19.1% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 17.6 | 19.3 | 36.0 | 20.1 | 4.5% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Paraguay in 2022:
- Turkey (11.9K tons)
- Brazil (6.9K tons)
- Argentina (3.9K tons)
- Chile (1.1K tons)
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