Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Libya - 2022

Contents:

  1. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Libya (CIF) - 2022
  2. Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Libya

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Libya (CIF) - 2022

The average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $676 per ton in 2022, almost unchanged from the previous year. Overall, the import price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2013 an increase of 76% against the previous year. As a result, import price reached the peak level of $1,610 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to -3.0% per year.

Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Libya

In 2022, supplies from abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses increased by 11% to 42 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt descent.

In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $28K in 2022. Overall, imports, however, recorded a abrupt contraction.

Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt37.330.925.628.2-8.9%
OthersN/AN/AN/AN/A0%
Total37.330.925.628.2-8.9%

Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Libya in 2022:

  1. Egypt (41.8 tons)

Source: IndexBox Market Intelligence Platform

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