Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Canada - 2024
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Canada (CIF) - 2022
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Canada (FOB) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Canada
- Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Canada
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Canada (CIF) - 2022
The average import price for steel, alloy stood at $1,989 per ton in 2022, shrinking by -2.5% against the previous year. Overall, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the maximum at $2,317 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Russia ($2,968 per ton), while the price for Japan ($1,551 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Canada (FOB) - 2022
The average export price for steel, alloy stood at $2,379 per ton in 2022, rising by 65% against the previous year. Over the period under review, the export price recorded a modest increase. The most prominent rate of growth was recorded in 2018 an increase of 69%. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,043 per ton), while the average price for exports to Saint Kitts and Nevis ($791 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Canada
For the fourth consecutive year, Canada recorded growth in supplies from abroad of steel, alloy, which increased by 77% to 173K tons in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, alloy surged to $344M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.7 | 1.2 | 57.8 | 140 | 335.1% |
| Japan | 33.8 | 50.1 | 59.0 | 93.4 | 40.3% |
| South Korea | 26.8 | 39.9 | 27.5 | 35.0 | 9.3% |
| China | 10.4 | 16.6 | 24.4 | 33.8 | 48.1% |
| Russia | 10.5 | 15.0 | 17.1 | 15.7 | 14.4% |
| Germany | 8.9 | 7.2 | 8.8 | 12.9 | 13.2% |
| Poland | N/A | N/A | 0.2 | 9.5 | 4650.0% |
| United Kingdom | 10.4 | 0.1 | 0.1 | 0.2 | -73.2% |
| Others | 7.8 | 3.8 | 4.4 | 4.1 | -19.3% |
| Total | 110 | 134 | 199 | 344 | 46.2% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented to Canada in 2022:
- United States (60.4K tons)
- Japan (60.2K tons)
- China (20.9K tons)
- South Korea (13.8K tons)
- Germany (6.0K tons)
- Russia (5.3K tons)
- Poland (4.7K tons)
- United Kingdom (0.1K tons)
Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Canada
In 2022, exports of steel, alloy from Canada surged to 332 tons, growing by 64% compared with the previous year's figure. Over the period under review, exports, however, faced a abrupt decrease.
In value terms, exports of steel, alloy skyrocketed to $791K in 2022. Overall, exports, however, recorded a abrupt shrinkage.
| Export of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,025 | 162 | 172 | 607 | -16.0% |
| India | N/A | 21.2 | N/A | 118 | 135.9% |
| Saint Kitts and Nevis | N/A | N/A | N/A | 65.9 | 0% |
| Colombia | N/A | N/A | 119 | N/A | 0% |
| Italy | N/A | 43.8 | N/A | N/A | 0% |
| Brazil | 28.9 | N/A | N/A | N/A | 0% |
| Others | N/A | 11.2 | N/A | N/A | 0% |
| Total | 1,054 | 238 | 291 | 791 | -9.1% |
Top Export Markets for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented from Canada in 2022:
- India (148.6 tons)
- United States (100.5 tons)
- Saint Kitts and Nevis (83.3 tons)
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