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

Contents:

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

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

In July 2023, the average import price for steel, alloy amounted to $3,002 per ton, surging by 162% against the previous month. In general, the import price recorded a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Germany ($3,481 per ton) and France ($3,415 per ton), while the price for the Czech Republic ($2,664 per ton) and China ($2,682 per ton) were amongst the lowest.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of steel, alloy, when their volume increased by 1,393% to 14K tons. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, alloy skyrocketed to $16M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A5.60%
GermanyN/AN/AN/A1.90%
Japan1.0N/AN/A0.9-3.5%
South Korea0.8N/AN/A0.4-20.6%
United Arab EmiratesN/AN/AN/A0.30%
United StatesN/AN/AN/A0.10%
OthersN/A0.91.37.4186.7%
Total1.80.91.316.5109.3%

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

  1. China (4.8K tons)
  2. Germany (1.4K tons)
  3. Japan (0.8K tons)
  4. South Korea (0.3K tons)
  5. United Arab Emirates (0.2K tons)
  6. United States (0.1K tons)

Source: IndexBox Market Intelligence Platform

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