Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Argentina - 2023

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Argentina (CIF) - 2023
2. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Argentina (FOB) - 2022
3. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Argentina
4. Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Argentina

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Argentina (CIF) - 2023

In June 2023, the average import price for steel, alloy amounted to $1,614 per ton, rising by 17% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 21% m-o-m. The import price peaked at $1,659 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.

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

From December 2022 to June 2023, the rate of growth in terms of prices for Germany amounted to +8.3% per month.

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Argentina (FOB) - 2022

In 2022, the average export price for steel, alloy amounted to $1,087 per ton, falling by -20% against the previous year. Overall, the export price, however, showed a moderate expansion. The pace of growth was the most pronounced in 2021 an increase of 129%. As a result, the export price attained the peak level of $1,359 per ton, and then shrank markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +155.1% per year.

Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Argentina

Imports of steel, alloy into Argentina totaled 3K tons in 2022, with an increase of 13% on 2021 figures. Over the period under review, imports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 877%.

In value terms, imports of steel, alloy surged to $4.4M in 2022. Overall, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 1,162% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Argentina in 2022:

1. Brazil (2.4K tons)
2. Germany (0.6K tons)

Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Argentina

In 2022, exports of steel, alloy from Argentina surged to 941 tons, increasing by 73% compared with 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 131% against the previous year. As a result, the exports reached the peak of 2.1K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of steel, alloy soared to $1M in 2022. Overall, exports enjoyed resilient growth.

Top Export Markets for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils from Argentina in 2022:

1. Chile (940.6 tons)

Source: IndexBox Market Intelligence Platform