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The price of steel plates per kilogram can vary significantly based on several factors including market demand, supply chain disruptions, quality, and the type of steel being considered. As of the last updates in 2023, the global steel market has been experiencing volatility due to economic shifts, geopolitical tensions, and changes in raw material costs. In general, steel plate prices are influenced by the raw material costs, primarily iron ore and coal, which are central to the steelmaking process.
Typically, the price of standard steel plates, such as those made from carbon steel, can range from $0.60 to $1 per kg. However, specialized plates, which may include stainless steel, high-strength low-alloy (HSLA), or wear-resistant plates, can command substantially higher prices. Stainless steel plates, for instance, might range from $3 to $6 per kg depending on the alloy grade. The cost for these premium varieties reflects additional factors such as enhanced mechanical properties, corrosion resistance, and other specialized physical and chemical features.
Regionally, prices may differ due to transportation costs, local demand, tariffs, and manufacturing capacities. For example, regions with large steel mills and logistical advantages may offer competitive prices compared to those relying heavily on imports. Additionally, trade policies and tariffs can influence prices significantly; for instance, import duties in some countries might make imported steel plates more expensive than those produced domestically.
The COVID-19 pandemic has disrupted global supply chains, causing fluctuations in steel prices. Simultaneously, the push for environmental sustainability and carbon reduction in industrial processes may also lead to increased production costs, impacting the price of steel plates. Steel producers are investing in technologies to reduce carbon footprints, which may involve additional expenditures that can affect pricing.
Moreover, the demand from industries such as construction, automotive, and machinery also plays a crucial role in dictating the price. During periods of economic growth, high demand from these sectors typically drives up prices. Conversely, economic downturns can lead to reduced demand and falling prices. Buyers are advised to monitor financial markets and industry reports regularly to make informed purchasing decisions in such a dynamic market.
This report provides an in-depth analysis of the global hot-rolled steel products market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
This report provides an in-depth analysis of the global hot-rolled steel products market.
Global Hot-Rolled Plate Or Sheet Market Report 2018. This report provides an in-depth analysis of the global market for hot-rolled plate or sheet.
This report provides an in-depth analysis of the global flat-rolled steel coils market.
This report provides an in-depth analysis of the global market for flat hot-rolled steel coils.
Discover the latest trends in the global market for flat-rolled products of iron or steel, as demand continues to rise worldwide. Anticipated growth in both market volume and value over the next six years is expected to reach impressive figures by the end of 2030.
Explore the top import markets for hot-rolled steel products and discover key statistics on global trade. Learn about the leading countries in this market and their strong demand for steel.
In value terms, metal-rolling mills and rolls therefor imports totaled $X in 2016. Overall, metal-rolling mills and rolls therefor imports continue to indicate a deep slump. In that year, global me...
In value terms, metal-rolling mills and rolls therefor exports stood at $X in 2016. Overall, metal-rolling mills and rolls therefor exports continue to indicate a drastic deduction. In that year, g...
In 2016, approx. X tons of hot-rolled steel were imported worldwide- moving up by X% against the previous year level. Overall, hot-rolled steel imports continue to indicate a relatively flat tren...
In 2016, approx. X tons of hot-rolled steel were imported worldwide- moving up by X% against the previous year level. Overall, hot-rolled steel imports continue to indicate a relatively flat tren...
Learn about the expected growth in the flat-rolled steel coils market over the next six years, with a projected increase in market volume and value by 2030.
Explore the top 10 countries by import value of flat-rolled steel coils in 2023. Learn about the key players in the global market for steel coils.
Discover the forecasted growth of the global market for flat hot-rolled steel coils, driven by increasing demand worldwide. By 2030, the market volume is projected to reach 324M tons and the market value to $282.5B.
Discover the projected growth of the global flat hot-rolled steel coils market, with a forecasted increase in market volume to 325M tons and market value to $283.1B by 2030, driven by rising demand worldwide.
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