Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Iran - 2022

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Iran (CIF) - 2022
2. Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Iran (FOB) - 2022
3. Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Iran
4. Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Iran

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Iran (CIF) - 2022

In 2022, the average import price for steel, alloy amounted to $792 per ton, declining by -4.6% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 22% against the previous year. Over the period under review, average import prices attained the maximum at $870 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($1,769 per ton), while the price for Germany ($604 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Iran (FOB) - 2022

The average export price for steel, alloy stood at $442 per ton in 2020, waning by -34.5% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 5.4%. The export price peaked at $679 per ton in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2012 to 2020, the rate of growth in terms of prices for India amounted to +2.5% per year.

Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Iran

In 2022, overseas purchases of steel, alloy decreased by -5.2% to 3.3K tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 409%. As a result, imports reached the peak of 5.7K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of steel, alloy reduced to $2.6M in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 299%. As a result, imports reached the peak of $3.9M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Iran in 2022:

1. Germany (2646.0 tons)
2. France (412.4 tons)
3. United Arab Emirates (169.3 tons)
4. China (40.8 tons)

Exports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Iran

In 2020, exports of steel, alloy from Iran fell significantly to 20K tons, waning by -22.6% against the previous year. In general, exports saw a precipitous contraction.

In value terms, exports of steel, alloy declined significantly to $8.8M in 2020. Overall, exports recorded a sharp descent.

Top Export Markets for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils from Iran in 2022:

1. Thailand (20.0K tons)

Source: IndexBox Market Intelligence Platform