Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Israel - 2023

Contents:

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

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

The average import price for steel, alloy stood at $3,298 per ton in 2022, picking up by 64% against the previous year. In general, the import price saw a perceptible increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +14.2% per year.

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

For the third consecutive year, Israel recorded growth in overseas purchases of steel, alloy, which increased by 8.4% to 19 tons in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 89%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of steel, alloy soared to $64K in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 125%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Sweden (19.4 tons)

Source: IndexBox Market Intelligence Platform