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

Contents:

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

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

In 2022, the average import price for steel, alloy amounted to $1,522 per ton, increasing by 13% against the previous year. Over the period under review, the import price, however, showed a abrupt descent. The import price peaked at $2,972 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to +14.4% per year.

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

In 2022, purchases abroad of steel, alloy decreased by -57.4% to 216 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 337,750% against the previous year.

In value terms, imports of steel, alloy dropped dramatically to $329K in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 283,518% against the previous year.

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

1. Slovakia (216.3 tons)

Source: IndexBox Market Intelligence Platform