Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Slovenia - 2023
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Slovenia (CIF) - 2023
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Slovenia (FOB) - 2023
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Slovenia
- Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Slovenia
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Slovenia (CIF) - 2023
In August 2023, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $1,645 per ton, increasing by 9.4% against the previous month. Over the period under review, the import price, however, recorded a slight setback. The import price peaked at $1,786 per ton in December 2022; however, from January 2023 to August 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From December 2022 to August 2023, the rate of growth in terms of prices for Germany amounted to +0.6% per month.
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Slovenia (FOB) - 2023
In August 2023, the average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $1,914 per ton, rising by 13% against the previous month. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 1,268% m-o-m. As a result, the export price attained the peak level of $26,276 per ton. From February 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.
From November 2022 to August 2023, the rate of growth in terms of prices for Slovakia amounted to +0.4% per month.
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Slovenia
In 2022, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses into Slovenia shrank markedly to 4.1K tons, dropping by -61.4% on the previous year's figure. Overall, imports faced a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 55%. As a result, imports reached the peak of 11K tons, and then declined sharply in the following year.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses dropped sharply to $6.7M in 2022. In general, imports, however, saw a notable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 121% against the previous year. As a result, imports reached the peak of $12M, and then shrank notably in the following year.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | 2.2 | 2.4 | 9.1% |
| Austria | 0.6 | 0.7 | 1.8 | 1.6 | 38.7% |
| Czech Republic | 3.3 | 3.1 | 3.4 | 0.9 | -35.2% |
| Italy | 0.5 | 0.3 | 0.7 | 0.8 | 17.0% |
| Poland | 1.3 | 1.2 | 2.8 | 0.5 | -27.3% |
| Germany | 0.2 | 0.1 | 0.3 | 0.5 | 35.7% |
| Netherlands | N/A | N/A | 0.7 | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 5.9 | 5.4 | 11.9 | 6.7 | 4.3% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Slovenia in 2022:
- South Korea (1350.0 tons)
- Austria (1047.3 tons)
- Czech Republic (581.1 tons)
- Italy (469.8 tons)
- Poland (399.3 tons)
- Germany (272.9 tons)
Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Slovenia
In 2022, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses from Slovenia was estimated at 2.1K tons, picking up by 12% against 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 49,678%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses soared to $3.7M in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 27,349% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | N/A | N/A | 1,513 | 3,226 | 113.2% |
| Bosnia and Herzegovina | 1.0 | 1,095 | 686 | 354 | 607.4% |
| Luxembourg | N/A | N/A | N/A | 120 | 0% |
| India | N/A | 28.0 | N/A | N/A | 0% |
| Others | 3.1 | 1.5 | 19.2 | 32.5 | 118.9% |
| Total | 4.1 | 1,125 | 2,218 | 3,733 | 869.2% |
Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Slovenia in 2022:
- Slovakia (1719.5 tons)
- Bosnia and Herzegovina (216.3 tons)
- Luxembourg (95.7 tons)
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