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Imports of Forged Stainless Steel Bar have reached its peak and are expected to experience further growth in the near future. In August 2023, the value of imported forged stainless steel bars surged to $706K.
In April 2023, the growth pace of Stainless Steel Angle imports was the most rapid, increasing by 227% month-on-month. In July 2023, the value of Stainless Steel Angle imports soared to $1.2M.
The import of Aluminium Tube experienced a remarkable growth rate in December 2022, with a month-to-month increase of 1,034%. In terms of value, the imports of Aluminium Tube reached a staggering $273K in July 2023.
During the review period, the number of imports of Iron And Steel Forging reached a record high of 2.2 million units in September 2022. However, from October 2022 to August 2023, imports remained at a slightly lower level. In terms of value, the imports of iron and steel forging soared to $10 million in August 2023.
In June 2023, the price of Aluminium Pipe Fittings was $7,795 per ton (FOB, Italy), representing a 13% decrease compared to the previous month.
In January 2023, the rate of growth for the Aluminium Alloy Tube was remarkably high, showing a 60% increase compared to the previous month. However, in June 2023, the value of imported aluminium alloy tubes declined to $6.9M.
As of July 2023, the price of Zinc Powder was $982 per ton (FOB, Thailand), showing a 12% increase compared to the previous month.
In July 2023, the price of Ferro Manganese reached $1,323 per ton (CIF, Turkey), showing a decrease of 7.7% compared to the previous month.
In terms of value, silver imports in July 2023 experienced a significant decline, dropping to $31M.
The price of Concrete Reinforcing Bar in Hong Kong remained almost unchanged at $626 per ton (CIF) in June 2023, compared to the previous month.
In July 2023, the Iron and Steel price in Turkey dropped by 9.1% compared to the previous month, reaching $409 per ton (CIF).
Imports of Secondary Aluminum decreased to $134M in August 2023.