Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in France - 2023
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in France (CIF) - 2023
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in France (FOB) - 2023
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in France
- Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in France
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in France (CIF) - 2023
In August 2023, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $1,654 per ton, rising by 11% against the previous month. Overall, the import price, however, saw a perceptible descent. The most prominent rate of growth was recorded in January 2023 an increase of 14% against the previous month. As a result, import price reached the peak level of $2,226 per ton. From February 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($1,114 per ton), while the price for the UK stood at $654 per ton.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in France (FOB) - 2023
The average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $1,473 per ton in August 2023, shrinking by -15.5% against the previous month. Overall, the export price recorded a slight shrinkage. The pace of growth appeared the most rapid in April 2023 an increase of 14% m-o-m. As a result, the export price reached the peak level of $1,999 per ton. From May 2023 to August 2023, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In August 2023, the country with the highest price was the UK ($1,970 per ton), while the average price for exports to Thailand totaled $1,626 per ton.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in France
After three years of growth, supplies from abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -5.5% to 125K tons in 2022. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports attained the peak of 132K tons, and then fell in the following year.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses skyrocketed to $234M in 2022. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 35.5 | 52.5 | 75.1 | 90.3 | 36.5% |
| Sweden | 46.9 | 24.1 | 51.3 | 69.7 | 14.1% |
| Spain | 21.7 | 15.2 | 20.1 | 29.5 | 10.8% |
| Italy | 22.2 | 16.8 | 25.2 | 29.3 | 9.7% |
| United Kingdom | 1.7 | 0.6 | 0.9 | 4.0 | 33.0% |
| Netherlands | 4.8 | 2.4 | 3.4 | 3.9 | -6.7% |
| Belgium | 0.7 | 0.8 | 0.3 | 3.8 | 75.7% |
| Switzerland | 8.2 | 0.1 | 0.1 | 0.4 | -63.5% |
| Others | 1.8 | 1.9 | 3.0 | 2.9 | 17.2% |
| Total | 143 | 114 | 180 | 234 | 17.8% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to France in 2022:
- Germany (69.2K tons)
- Spain (21.1K tons)
- Italy (19.8K tons)
- Sweden (3.9K tons)
- Belgium (3.3K tons)
- United Kingdom (2.9K tons)
- Netherlands (2.6K tons)
- Switzerland (0.3K tons)
Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in France
In 2022, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses from France contracted to 56K tons, falling by -10.2% compared with 2021. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.6% 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 +36.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. As a result, the exports reached the peak of 63K tons, and then fell in the following year.
In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses skyrocketed to $108M in 2022. Overall, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 26.4 | 17.7 | 27.7 | 32.8 | 7.5% |
| Spain | 5.8 | 11.7 | 23.2 | 24.2 | 61.0% |
| Germany | 13.4 | 8.9 | 16.8 | 20.4 | 15.0% |
| Poland | 3.7 | 3.7 | 8.9 | 16.0 | 62.9% |
| United Kingdom | 8.4 | 4.9 | 8.5 | 6.7 | -7.3% |
| Slovakia | N/A | 0.4 | 1.0 | 3.0 | 173.9% |
| Others | 6.4 | 4.9 | 6.9 | 4.8 | -9.1% |
| Total | 64.1 | 52.1 | 93.0 | 108 | 19.0% |
Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from France in 2022:
- Spain (18.2K tons)
- Italy (15.9K tons)
- Germany (9.6K tons)
- Poland (6.7K tons)
- United Kingdom (2.9K tons)
- Slovakia (1.4K tons)
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