Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Russia - 2022

Contents:

  1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Russia (FOB) - 2022
  2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Russia (CIF) - 2022
  3. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Russia
  4. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Russia

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Russia (FOB) - 2022

In 2022, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $1,380 per ton, growing by 45% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alloy steel flat-rolled products, of a width of less than 600mms increased by +68.4% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($1,594 per ton), while the average price for exports to Spain ($719 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 Poland (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Russia (CIF) - 2022

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $5,074 per ton in 2022, growing by 58% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,858 per ton), while the price for Finland ($1,361 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.6%), while the prices for the other major suppliers experienced a decline.

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Russia

For the third year in a row, Russia recorded decline in shipments abroad of alloy steel flat-rolled products, of a width of less than 600mms, which decreased by -51.1% to 34K tons in 2022. In general, exports continue to indicate a sharp slump. The smallest decline of -9.5% was in 2020.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms dropped remarkably to $46M in 2022. Over the period under review, exports showed a abrupt decrease. The smallest decline of -1.3% was in 2021.

Export of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy26.623.520.420.0-9.1%
Turkey6.16.27.011.423.2%
Poland2.32.67.76.541.4%
Spain3.72.01.21.1-33.3%
Ukraine4.52.22.20.2-64.6%
Mexico9.08.0N/A0.1-77.7%
France3.50.1N/AN/A-97.1%
Belarus12.39.514.3N/A7.8%
Canada6.65.82.8N/A-34.9%
Others6.56.49.77.13.0%
Total81.366.265.446.4-17.1%

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Russia in 2022:

  1. Italy (15.5K tons)
  2. Turkey (8.7K tons)
  3. Poland (4.6K tons)
  4. Spain (1.5K tons)
  5. Ukraine (0.1K tons)

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Russia

In 2022, supplies from abroad of alloy steel flat-rolled products, of a width of less than 600mms decreased by -30.6% to 2.9K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 9.3%. As a result, imports attained the peak of 4.5K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms reached $15M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.94.35.011.543.4%
Poland0.40.10.80.931.0%
Germany5.23.14.20.8-46.4%
Turkey0.80.70.90.4-20.6%
France1.12.91.00.3-35.2%
EstoniaN/AN/AN/A0.20%
Finland0.40.20.20.1-37.0%
Sweden0.30.10.2N/A-18.4%
Others1.51.21.20.4-35.6%
Total13.512.513.414.72.9%

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Russia in 2022:

  1. China (1680.6 tons)
  2. Poland (403.2 tons)
  3. Germany (258.6 tons)
  4. Turkey (203.8 tons)
  5. France (146.9 tons)
  6. Estonia (55.3 tons)
  7. Finland (38.8 tons)
  8. Sweden (19.9 tons)

Source: IndexBox Market Intelligence Platform

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