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

Contents:

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

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

The average export price for steel, alloy stood at $1,700 per ton in November 2023, falling by -9.1% against the previous month. Overall, the export price showed a slight contraction. The growth pace was the most rapid in January 2023 when the average export price increased by 110% month-to-month. As a result, the export price reached the peak level of $3,235 per ton. From February 2023 to November 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Croatia ($3,425 per ton), while the average price for exports to India amounted to $1,455 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+0.8%), 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 Slovenia (CIF) - 2023

In December 2023, the average import price for steel, alloy amounted to $2,873 per ton, shrinking by -10% against the previous month. In general, the import price, however, saw a prominent expansion. The pace of growth was the most pronounced in June 2023 an increase of 223% m-o-m. The import price peaked at $3,849 per ton in July 2023; however, from August 2023 to December 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was France ($4,340 per ton), while the price for Croatia ($486 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 France (-4.0%), 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 Slovenia

In 2022, the amount of steel, alloy exported from Slovenia soared to 1.4K tons, jumping by 21% against 2021. Over the period under review, exports, however, recorded a abrupt curtailment.

In value terms, exports of steel, alloy skyrocketed to $2.2M in 2022. Overall, exports posted resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. India (1051.2 tons)
2. Croatia (179.8 tons)
3. Sweden (132.7 tons)
4. Turkey (48.3 tons)
5. United Arab Emirates (23.7 tons)

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

In 2022, approx. 943 tons of steel, alloy were imported into Slovenia; which is down by -20.7% against the year before. Over the period under review, imports continue to indicate a sharp shrinkage. The smallest decline of -16.2% was in 2021.

In value terms, imports of steel, alloy contracted remarkably to $1.9M in 2022. In general, imports recorded a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 9.1% against the previous year.

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

1. Italy (431.6 tons)
2. Japan (188.5 tons)
3. Croatia (165.3 tons)
4. India (108.7 tons)
5. China (26.3 tons)
6. Germany (16.7 tons)

Source: IndexBox Market Intelligence Platform