Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iran - 2022
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iran (CIF) - 2022
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iran (FOB) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iran
- Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iran
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iran (CIF) - 2022
In 2022, the average import price for steel, alloy amounted to $2,665 per ton, with an increase of 43% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 India ($4,992 per ton), while the price for Japan ($1,168 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.8%), 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 Iran (FOB) - 2022
In 2022, the average export price for steel, alloy amounted to $523 per ton, dropping by -6.2% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2014 an increase of 0.3% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,164 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to -7.5% per year.
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iran
Imports of steel, alloy into Iran surged to 3.3K tons in 2022, jumping by 45% against the previous year's figure. Over the period under review, imports, however, faced a significant decline.
In value terms, imports of steel, alloy soared to $8.8M in 2022. In general, imports, however, continue to indicate a precipitous curtailment.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3.6 | 3.0 | 1.1 | 2.7 | -9.1% |
| India | 4.2 | 5.2 | 0.6 | 1.7 | -26.0% |
| Turkey | 1.1 | 1.6 | 0.2 | 0.9 | -6.5% |
| Japan | 3.8 | 3.9 | 0.4 | 0.9 | -38.1% |
| China | 17.9 | 19.8 | 1.3 | 0.9 | -63.1% |
| Germany | 2.2 | 2.3 | 0.2 | 0.5 | -39.0% |
| Austria | 1.0 | 3.0 | 0.1 | 0.4 | -26.3% |
| South Korea | 5.9 | 4.0 | 0.2 | 0.4 | -59.2% |
| Others | 5.4 | 2.2 | 0.2 | 0.5 | -54.8% |
| Total | 45.1 | 45.0 | 4.2 | 8.8 | -42.0% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented to Iran in 2022:
- United Arab Emirates (930.6 tons)
- Japan (765.7 tons)
- India (346.4 tons)
- Turkey (285.5 tons)
- China (285.0 tons)
- Germany (199.6 tons)
- Austria (146.1 tons)
- South Korea (130.7 tons)
Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iran
For the third year in a row, Iran recorded decline in overseas shipments of steel, alloy, which decreased by -0.7% to 267 tons in 2022. Overall, exports saw a relatively flat trend pattern. The smallest decline of -0.7% was in 2021.
In value terms, exports of steel, alloy contracted to $139K in 2022. In general, exports recorded a deep downturn. The smallest decline of -6.8% was in 2021.
| Export of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 172 | 161 | 150 | 139 | -6.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 172 | 161 | 150 | 139 | -6.9% |
Top Export Markets for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented from Iran in 2022:
- India (266.6 tons)
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