Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Argentina - 2022

Contents:

  1. Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Argentina (FOB) - 2022
  2. Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Argentina (CIF) - 2022
  3. Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Argentina
  4. Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Argentina

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Argentina (FOB) - 2022

In 2022, the average export price for steel, alloy amounted to $2,879 per ton, with an increase of 19% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 20% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($5,904 per ton), while the average price for exports to Paraguay ($2,363 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 Uruguay (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Argentina (CIF) - 2022

The average import price for steel, alloy stood at $4,339 per ton in 2022, surging by 107% against the previous year. Overall, the import price saw prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,960 per ton), while the price for Brazil ($3,131 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Argentina

Exports of steel, alloy from Argentina reduced rapidly to 20 tons in 2022, shrinking by -78.5% against the previous year's figure. In general, exports faced a significant contraction. The smallest decline of -0.7% was in 2020.

In value terms, exports of steel, alloy shrank significantly to $57K in 2022. Over the period under review, exports showed a sharp setback. The smallest decline of -12.1% was in 2020.

Export of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay27.910546.029.82.2%
Chile34221611315.7-64.2%
Uruguay11.513.615.711.60.3%
PeruN/AN/A48.4N/A0%
OthersN/AN/AN/AN/A0%
Total38133522357.0-46.9%

Top Export Markets for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented from Argentina in 2022:

  1. Paraguay (12.6 tons)
  2. Chile (5.2 tons)
  3. Uruguay (2.0 tons)

Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Argentina

In 2022, the amount of steel, alloy imported into Argentina fell rapidly to 6.1 tons, shrinking by -91.6% on 2021 figures. In general, imports faced a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 170%.

In value terms, imports of steel, alloy dropped sharply to $26K in 2022. Overall, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 128% against the previous year.

Import of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea22062.913917.6-56.9%
United Arab EmiratesN/AN/AN/A8.10%
Brazil32.10.87.50.4-76.8%
United States13.61.73.30.2-75.5%
Morocco12.7N/AN/AN/A0%
Others3.40.60.90.1-69.1%
Total28166.115126.3-54.6%

Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to Argentina in 2022:

  1. South Korea (4.8 tons)
  2. United Arab Emirates (1.1 tons)
  3. Brazil (0.1 tons)

Source: IndexBox Market Intelligence Platform

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