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

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Slovenia (CIF) - 2023
2. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Slovenia (FOB) - 2023
3. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Slovenia
4. Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Slovenia

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

The average import price for steel, alloy stood at $3,903 per ton in December 2023, increasing by 5.4% against the previous month. Over the period under review, the import price, however, continues to indicate a pronounced shrinkage. Over the period under review, average import prices hit record highs at $5,326 per ton in May 2023; however, from June 2023 to December 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the countries with the highest prices were Austria ($4,202 per ton) and Germany ($4,028 per ton), while the price for France ($3,570 per ton) and South Korea ($3,763 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Austria (-1.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for steel, alloy stood at $3,944 per ton in December 2023, surging by 10% against the previous month. In general, the export price, however, showed a slight slump. The export price peaked at $4,570 per ton in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Austria.

From December 2022 to December 2023, the rate of growth in terms of prices for Austria amounted to -1.2% per month.

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

For the fourth consecutive year, Slovenia recorded growth in supplies from abroad of steel, alloy, which increased by 46% to 13K tons in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, alloy surged to $48M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (4.1K tons)
2. France (2.8K tons)
3. Japan (2.6K tons)
4. South Korea (2.1K tons)
5. Austria (1.4K tons)
6. Germany (0.4K tons)
7. India (0.2K tons)

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

In 2022, the amount of steel, alloy exported from Slovenia surged to 7.4K tons, picking up by 169% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 548%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of steel, alloy soared to $23M in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 741%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented from Slovenia in 2022:

1. Austria (6.8K tons)
2. Italy (0.6K tons)

Source: IndexBox Market Intelligence Platform