Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in China - 2024
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in China (CIF) - 2024
- Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in China (FOB) - 2024
- Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in China
- Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in China
Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in China (CIF) - 2024
The average import price for steel, alloy stood at $1,001 per ton in December 2023, stabilizing at the previous month. Overall, the import price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 5% month-to-month. As a result, import price reached the peak level of $1,172 per ton. From May 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the countries with the highest prices were Thailand ($994 per ton) and Malaysia ($992 per ton), while the price for Russia ($732 per ton) and Taiwan (Chinese) ($948 per ton) were amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+0.1%), while the prices for the other major suppliers experienced a decline.
Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in China (FOB) - 2024
In December 2023, the average export price for steel, alloy amounted to $2,326 per ton, surging by 4.1% against the previous month. Over the period under review, the export price, however, continues to indicate a pronounced curtailment. The growth pace was the most rapid in March 2023 an increase of 8.1% against the previous month. As a result, the export price reached the peak level of $3,573 per ton. From April 2023 to December 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Cuba ($3,998 per ton), while the average price for exports to Thailand ($1,546 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+11.3%), while the prices for the other major destinations experienced a decline.
Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in China
After three years of growth, purchases abroad of steel, alloy decreased by -10.2% to 78K tons in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,449% against the previous year.
In value terms, imports of steel, alloy dropped to $80M in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 719% against the previous year.
| Import of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | 33.6 | 57.0 | 48.5 | 20.1% |
| Taiwan (Chinese) | 0.7 | 9.7 | 15.9 | 12.1 | 158.6% |
| Thailand | N/A | 1.9 | 2.3 | 7.2 | 94.7% |
| Philippines | N/A | 3.1 | 5.3 | 3.0 | -1.6% |
| Indonesia | N/A | 0.6 | 0.4 | 1.6 | 63.3% |
| Hong Kong SAR | N/A | 1.5 | 1.4 | 1.1 | -14.4% |
| Others | 6.2 | 6.3 | 7.0 | 6.3 | 0.5% |
| Total | 6.9 | 56.7 | 89.3 | 79.8 | 126.1% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to China in 2022:
- Malaysia (49.4K tons)
- Taiwan (Chinese) (12.8K tons)
- Thailand (6.8K tons)
- Philippines (3.3K tons)
- Indonesia (1.6K tons)
- Hong Kong SAR (1.1K tons)
Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in China
For the fourth year in a row, China recorded growth in shipments abroad of steel, alloy, which increased by 15% to 17K tons in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 462%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of steel, alloy surged to $57M in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 577%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | N/A | N/A | 2.8 | 6.6 | 135.7% |
| Ireland | N/A | 0.1 | 0.7 | 6.2 | 687.4% |
| Pakistan | N/A | N/A | N/A | 5.1 | 0% |
| Turkey | 0.1 | N/A | 5.6 | 4.8 | 263.4% |
| Ecuador | N/A | N/A | 1.1 | 4.7 | 327.3% |
| Indonesia | 0.1 | 0.1 | 1.9 | 4.5 | 255.7% |
| Egypt | N/A | N/A | 5.2 | 3.6 | -30.8% |
| Philippines | 0.1 | 0.2 | 1.3 | 2.6 | 196.2% |
| South Korea | N/A | N/A | N/A | 2.3 | 0% |
| Vietnam | 0.3 | 1.5 | 0.5 | 1.8 | 81.7% |
| Canada | N/A | 0.1 | 0.2 | 1.7 | 312.3% |
| Peru | N/A | N/A | 0.1 | 1.5 | 1400.0% |
| Paraguay | N/A | N/A | 0.3 | 1.0 | 233.3% |
| Others | 3.2 | 3.5 | 18.0 | 10.9 | 50.5% |
| Total | 3.9 | 5.6 | 37.8 | 57.3 | 144.9% |
Top Export Markets for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented from China in 2022:
- Colombia (2.0K tons)
- Pakistan (1.7K tons)
- Turkey (1.5K tons)
- Ecuador (1.4K tons)
- Egypt (1.2K tons)
- Indonesia (1.2K tons)
- Ireland (1.1K tons)
- South Korea (1.0K tons)
- Philippines (0.7K tons)
- Peru (0.6K tons)
- Vietnam (0.6K tons)
- Canada (0.5K tons)
- Paraguay (0.4K tons)
437
This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product in China.
907
This report provides an in-depth analysis of the global market for silicon-electrical steel flat-rolled product.
179
Explore the world's leading import markets for silicon-electrical steel flat-rolled products. Discover key statistics and market insights on IndexBox platform.
1090
Global silicon-electrical steel flat-rolled product imports stood at X tons in 2016, picking up by X% against the previous year figure. Overall, silicon-electrical steel flat-rolled product import...
1001
Global silicon-electrical steel flat-rolled product imports stood at X tons in 2016, picking up by X% against the previous year figure. Overall, silicon-electrical steel flat-rolled product import...
