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

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in the Netherlands (FOB) - 2022
2. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in the Netherlands (CIF) - 2023
3. Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in the Netherlands
4. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in the Netherlands

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

In 2022, the average export price for steel, alloy amounted to $3,128 per ton, surging by 65% against the previous year. Overall, the export price showed a resilient expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 69% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($4,009 per ton), while the average price for exports to Morocco ($1,828 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for steel, alloy stood at $15,552 per ton in August 2023, with an increase of 58% against the previous month. Over the period under review, the import price recorded a prominent expansion. As a result, import price reached 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 August 2023, the country with the highest price was Belgium ($23,254 per ton), while the price for Romania ($5,268 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of steel, alloy exported from the Netherlands amounted to 3.8K tons, remaining relatively unchanged against the previous year. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 469%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, exports of steel, alloy surged to $12M in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 497% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Turkey (1288.7 tons)
2. Croatia (1206.3 tons)
3. Germany (704.1 tons)
4. Morocco (418.7 tons)
5. Brazil (72.9 tons)
6. Slovenia (60.1 tons)

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

In 2022, approx. 1.3K tons of steel, alloy were imported into the Netherlands; reducing by -81.8% on the year before. In general, imports faced a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, imports reached the peak of 7.3K tons, and then reduced markedly in the following year.

In value terms, imports of steel, alloy shrank markedly to $5.4M in 2022. Overall, imports continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2021 when imports increased by 75% against the previous year. As a result, imports reached the peak of $16M, and then reduced rapidly in the following year.

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

1. Belgium (588.6 tons)
2. Germany (521.7 tons)
3. India (167.1 tons)
4. France (29.8 tons)
5. Croatia (0.6 tons)
6. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform