Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Iraq - 2022

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Iraq (CIF) - 2022
2. Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Iraq

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Iraq (CIF) - 2022

In 2022, the average import price for steel, alloy amounted to $2,646 per ton, surging by 6.8% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 39%. The import price peaked at $2,669 per ton in 2012; however, from 2013 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 country with the highest price was Turkey ($3,100 per ton), while the price for China amounted to $2,416 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%).

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

In 2022, approx. 228 tons of steel, alloy were imported into Iraq; increasing by 61% on the previous year. In general, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 158%.

In value terms, imports of steel, alloy surged to $603K in 2022. Over the period under review, imports saw a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 259% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

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

1. China (151.1 tons)
2. Turkey (76.7 tons)

Source: IndexBox Market Intelligence Platform