Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in France - 2023

Contents:

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

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in France (FOB) - 2023

The average export price for steel, alloy stood at $3,649 per ton in December 2023, flattening at the previous month. In general, the export price saw a mild slump. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 11% against the previous month. Over the period under review, the average export prices hit record highs at $4,594 per ton in May 2023; however, from June 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($4,369 per ton), while the average price for exports to Germany ($2,194 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+0.1%), while the prices for the other major destinations experienced a decline.

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in France (CIF) - 2023

In December 2023, the average import price for steel, alloy amounted to $2,756 per ton, declining by -35.3% against the previous month. Overall, the import price saw a noticeable setback. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 77% against the previous month. Over the period under review, average import prices hit record highs at $6,830 per ton in May 2023; however, from June 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,608 per ton), while the price for Italy ($2,089 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.3%), while the prices for the other major suppliers experienced a decline.

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

Exports of steel, alloy from France rose notably to 32K tons in 2022, surging by 7.2% against the previous year. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of steel, alloy surged to $115M in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 109% against the previous year. Over the period under review, the exports of attained the peak figure 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 France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain10.410.626.731.644.8%
Germany6.45.29.313.628.6%
Lebanon0.10.21.39.5356.3%
KuwaitN/A0.11.07.5766.0%
Turkey0.70.51.47.0115.4%
Slovenia3.53.83.86.623.5%
Ecuador0.40.22.55.1133.6%
HungaryN/AN/AN/A4.70%
Norway1.41.12.44.446.5%
Poland0.61.02.24.189.8%
Belgium0.50.62.03.794.9%
PakistanN/A0.10.73.3474.5%
Morocco1.71.42.32.310.6%
Others24.79.716.511.8-21.8%
Total50.534.672.211531.6%

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

  1. Spain (7.6K tons)
  2. Germany (4.7K tons)
  3. Lebanon (2.7K tons)
  4. Hungary (2.4K tons)
  5. Turkey (1.6K tons)
  6. Belgium (1.6K tons)
  7. Slovenia (1.5K tons)
  8. Kuwait (1.5K tons)
  9. Ecuador (1.1K tons)
  10. Pakistan (1.0K tons)
  11. Norway (1.0K tons)
  12. Poland (0.9K tons)
  13. Morocco (0.7K tons)

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

In 2022, the amount of steel, alloy imported into France skyrocketed to 5.4K tons, with an increase of 41% compared with 2021 figures. The total import volume increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 $16M in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.50.85.27.3144.4%
Germany2.22.71.24.224.1%
China0.20.82.22.8141.0%
Netherlands0.22.51.00.751.8%
Switzerland0.10.10.20.344.2%
Czech Republic0.50.30.50.2-26.3%
Japan2.90.10.20.2-59.0%
United Kingdom1.9N/AN/AN/A0%
Others0.40.51.00.2-20.6%
Total8.98.011.415.821.1%

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

  1. Germany (2669.3 tons)
  2. Italy (1525.9 tons)
  3. China (675.0 tons)
  4. Netherlands (235.4 tons)
  5. Switzerland (119.0 tons)
  6. Japan (61.5 tons)
  7. Czech Republic (56.6 tons)

Source: IndexBox Market Intelligence Platform

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