Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Serbia - 2024

Contents:

  1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Serbia (CIF) - 2022
  2. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Serbia

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

The average import price for steel, alloy stood at $1,818 per ton in 2022, picking up by 143% against the previous year. Overall, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 645%. As a result, import price attained the peak level of $5,741 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($8,857 per ton), while the price for Hungary ($779 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+52.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of steel, alloy into Serbia soared to 21 tons, rising by 21% on 2021 figures. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,432% against the previous year. As a result, imports attained the peak of 42 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of steel, alloy surged to $24K in 2022. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,655% against the previous year. As a result, imports attained the peak of $35K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RomaniaN/A6.38.613.747.5%
Austria1.86.60.98.165.1%
SwedenN/AN/AN/A1.30%
Germany0.26.01.11.176.5%
Hungary0.11.20.20.10.0%
FinlandN/A7.7N/AN/A0%
PolandN/A6.9N/AN/A0%
NetherlandsN/AN/A2.5N/A0%
OthersN/A0.80.30.1-64.6%
Total2.035.513.524.3129.9%

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

  1. Romania (12.2 tons)
  2. Austria (8.1 tons)
  3. Sweden (0.4 tons)
  4. Germany (0.4 tons)
  5. Hungary (0.1 tons)

Source: IndexBox Market Intelligence Platform

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