Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Qatar - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Qatar (CIF) - 2023
  2. Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Qatar

Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Qatar (CIF) - 2023

In January 2023, the average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s amounted to $1,103 per ton, remaining constant against the previous month. Overall, the import price showed a deep setback. Over the period under review, average import prices hit record highs at $16,057 per ton in September 2022; however, from October 2022 to January 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From March 2022 to January 2023, the rate of growth in terms of prices for China amounted to +76.1% per month.

Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Qatar

In 2022, after two years of decline, there was significant growth in supplies from abroad of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s, when their volume increased by 677% to 62 tons. In general, imports, however, recorded a sharp downturn.

In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s soared to $213K in 2022. Over the period under review, imports, however, continue to indicate a dramatic slump.

Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A0.20%
United States0.3N/AN/AN/A0%
Iran17.5N/AN/AN/A0%
Iraq1.913.8N/AN/A626.3%
Turkey14.5N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total34.113.8N/A0.2-82.0%

Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Qatar in 2022:

  1. China (57.2 tons)
  2. United States (5.2 tons)

Source: IndexBox Market Intelligence Platform

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