Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the United States - 2024
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the United States (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the United States (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the United States
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the United States
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the United States (CIF) - 2022
In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $10,273 per ton, rising by 28% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $10,415 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($11,694 per ton) and Sweden ($11,571 per ton), while the price for China ($8,198 per ton) and Japan ($8,895 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the United States (FOB) - 2022
The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $16,234 per ton in 2022, growing by 28% against the previous year. In general, the export price saw a buoyant increase. As a result, the export price attained the peak level and is likely to continue 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 France ($28,622 per ton), while the average price for exports to India ($7,678 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 France (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the United States
In 2022, after two years of decline, there was significant growth in purchases abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia, when their volume increased by 64% to 17K tons. In general, total imports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $175M in 2022. Over the period under review, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 30.7 | 27.7 | 27.2 | 47.6 | 15.7% |
| France | 24.7 | 15.7 | 15.1 | 41.3 | 18.7% |
| Spain | 20.4 | 20.4 | 7.3 | 26.8 | 9.5% |
| Ukraine | 9.4 | 10.9 | 6.7 | 12.0 | 8.5% |
| South Korea | 7.7 | 5.7 | 5.6 | 10.5 | 10.9% |
| Sweden | 9.0 | 6.3 | 6.2 | 9.4 | 1.5% |
| China | 8.9 | 4.5 | 2.3 | 4.6 | -19.7% |
| Austria | 2.3 | 1.1 | 4.2 | 4.5 | 25.1% |
| Others | 9.6 | 10.3 | 8.9 | 18.7 | 24.9% |
| Total | 123 | 102 | 83.5 | 175 | 12.5% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to the United States in 2022:
- Japan (5.3K tons)
- France (3.7K tons)
- Spain (2.3K tons)
- Ukraine (1.3K tons)
- South Korea (1.0K tons)
- Sweden (0.8K tons)
- China (0.6K tons)
- Austria (0.4K tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the United States
In 2022, the amount of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia exported from the United States stood at 3.1K tons, increasing by 12% against 2021. Overall, exports, however, continue to indicate a noticeable decrease. The growth pace was the most rapid in 2021 when exports increased by 16%.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia soared to $50M in 2022. In general, total exports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 18.4 | 8.1 | 10.9 | 16.2 | -4.2% |
| Mexico | 13.0 | 10.0 | 10.2 | 15.2 | 5.3% |
| Bahrain | N/A | N/A | N/A | 1.6 | 0% |
| Israel | 0.4 | 0.3 | 0.4 | 1.3 | 48.1% |
| United Arab Emirates | 0.5 | 0.1 | 0.5 | 1.3 | 37.5% |
| Malaysia | 0.1 | 0.4 | 0.7 | 1.0 | 115.4% |
| Germany | 0.7 | 0.2 | 1.5 | 0.9 | 8.7% |
| Singapore | 1.5 | 0.5 | 1.4 | 0.8 | -18.9% |
| India | 0.2 | 1.1 | 0.8 | 0.6 | 44.2% |
| Belgium | N/A | 0.1 | 0.1 | 0.5 | 123.6% |
| Japan | 1.4 | 2.6 | 0.6 | 0.4 | -34.1% |
| Others | 8.9 | 7.8 | 7.6 | 9.7 | 2.9% |
| Total | 45.3 | 31.2 | 34.8 | 49.6 | 3.1% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from the United States in 2022:
- Canada (1354.3 tons)
- Mexico (728.7 tons)
- Israel (105.2 tons)
- India (82.6 tons)
- Germany (78.0 tons)
- Bahrain (73.9 tons)
- Malaysia (64.8 tons)
- United Arab Emirates (52.5 tons)
- Belgium (46.2 tons)
- Singapore (44.8 tons)
- Japan (11.9 tons)
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