Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Norway - 2024
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Norway (CIF) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Norway
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Norway (CIF) - 2022
The average import price for steel, alloy stood at $1,320 per ton in 2022, picking up by 44% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, alloy increased by +81.1% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Sweden ($3,170 per ton), while the price for Poland ($953 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Norway
In 2022, imports of steel, alloy into Norway skyrocketed to 4.3K tons, picking up by 40% compared with the previous year. Over the period under review, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of steel, alloy soared to $5.7M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,221 | 727 | 1,404 | 3,031 | 35.4% |
| Finland | 637 | 510 | 1,148 | 1,991 | 46.2% |
| Netherlands | 12.8 | 28.9 | 75.4 | 464 | 231.0% |
| Italy | 156 | 142 | 149 | 153 | -0.6% |
| Others | 104 | 65.5 | 55.1 | 70.4 | -12.2% |
| Total | 2,131 | 1,473 | 2,832 | 5,709 | 38.9% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Norway in 2022:
- Germany (2342.5 tons)
- Finland (1482.0 tons)
- Netherlands (328.0 tons)
- Italy (110.8 tons)
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