Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Chile - 2024

Contents:

  1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Chile (CIF) - 2022
  2. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Chile

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Chile (CIF) - 2022

The average import price for steel, alloy stood at $3,073 per ton in 2022, surging by 42% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, alloy increased by +73.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($4,423 per ton), while the price for Poland ($2,043 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Chile

In 2022, supplies from abroad of steel, alloy was finally on the rise to reach 217 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a significant contraction.

In value terms, imports of steel, alloy soared to $666K in 2022. Overall, imports, however, recorded a abrupt downturn.

Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35.415.243.319476.3%
Poland13496.7102116-4.7%
South Korea23050.613.678.1-30.2%
France10673.634.272.8-11.8%
United Arab Emirates13027.744.452.5-26.1%
Russia68.637.923.343.7-14.0%
United Kingdom26.222.728.639.114.3%
United States37.125.425.327.3-9.7%
Others48.230.826.541.8-4.6%
Total815381341666-6.5%

Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented to Chile in 2022:

  1. Poland (56.9 tons)
  2. China (46.1 tons)
  3. France (28.5 tons)
  4. United Arab Emirates (18.6 tons)
  5. South Korea (17.7 tons)
  6. United States (11.5 tons)
  7. Russia (11.4 tons)
  8. United Kingdom (9.4 tons)

Source: IndexBox Market Intelligence Platform

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