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In September 2022, the metal spring washer price amounted to $7,163 per ton (CIF, Canada), rising by 23% against the previous month.
In September 2022, the hedge shear price amounted to $8,090 per ton (CIF, Turkey), rising by 46% against the previous month.
In September 2022, the hand saw price amounted to $5,817 per ton, therefore (FOB, China), remained relatively stable against the previous month.
In July 2022, the stainless steel sink price stood at $89.3 per unit (FOB, Mexico), with an increase of 18% against the previous month.
In June 2022, the steel spring price per ton amounted to $3,152 per ton, waning by -2.3% against the previous month.
The market for metal scaffolding, shuttering and propping equipment in the European Union surged from $2.4B in 2020 to $2.7B in 2021.
Steel spring exports in the EU surpassed a record $3.6B in 2021. In physical terms, supplies grew by 16% to 647K tons.
After a drop to $10.4B in 2020, EU exports of ball and roller bearings rebounded to $12.2B in 2021.
For the third year in a row, the U.S. recorded growth in purchases abroad of metal can, which increased treefold, from 2.6B units in 2019 to 8.7B units in 2020. In value terms, metal can imports soared from $318M to $730M.
From 2010 to 2020, China's iron and steel can exports soared from 469M units to 1.9B units. In value terms, supplies rose from $66M to $537M.
As the pandemic wanes and the economy recovers from the Covid-crisis, the construction activity in the EU is set to accelerate during the next decade. Additional growth impetus will come from a new green agenda towards improving the energy efficiency of buildings across the EU.
Over the past five years, American exports of metal boxes and light gauge containers have doubled in value terms, from $475M to $927M. Canada imports 97% of metal containers supplying abroad from America. In physical terms, Canada ramped up its imports from the U.S. by +62.9% y-o-y in 2020.
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