Report Update: Nov 1, 2024

U.S. - Angles, Shapes And Sections Of Stainless Steel Or Other Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Stainless Steel Angle Prices in the United States

U.S. Stainless Steel Angle Import Price per Ton in June 2022

In June 2022, the stainless steel angle price per ton stood at $2.3K (CIF, US), increasing by 6.9% against the previous month. Over the period under review, import price indicated a strong increase from January 2022 to June 2022: its price increased at an average monthly rate of +5.8% over the last five months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, stainless steel angle import price decreased by +0.6% against March 2022 indices. The most prominent rate of growth was recorded in March 2022 when the average import price increased by 64% against the previous month. Over the period under review, average import prices attained the peak figure in June 2022.

There were significant differences in the average prices amongst the major supplying countries. In June 2022, the country with the highest price was India ($5.3K per ton), while the price for Luxembourg ($1.3K per ton) was amongst the lowest.

From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Sweden (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Stainless Steel Angle Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was steel, stainless ($5.9K per ton), while the price for steel, alloy; angles, shapes and sections amounted to $1.9K per ton.

From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by steel, alloy; angles, shapes and sections (+8.7%).

U.S. Stainless Steel Angle Imports

Stainless steel angle imports into the United States rose rapidly to 9.7K tons in June 2022, growing by 8.5% against May 2022. In general, imports posted temperate growth. The growth pace was the most rapid in April 2022 with an increase of 218% m-o-m. As a result, imports reached the peak of 20K tons. From May 2022 to June 2022, the growth of imports failed to regain momentum.

In value terms, stainless steel angle imports soared to $23M (IndexBox estimates) in June 2022. Over the period under review, imports showed a prominent expansion. The most prominent rate of growth was recorded in April 2022 with an increase of 100% month-to-month. As a result, imports attained the peak of $29M. From May 2022 to June 2022, the growth of imports remained at a somewhat lower figure.

U.S. Stainless Steel Angle Imports by Type

In June 2022, steel, alloy; angles, shapes and sections (8.7K tons) constituted the largest type of stainless steel angle supplied to the United States, with a 89% share of total imports. Moreover, steel, alloy; angles, shapes and sections exceeded the figures recorded for the second-largest type, steel, stainless (1K tons), eightfold.

From January 2022 to June 2022, the average monthly rate of growth in terms of the volume of import of steel, alloy; angles, shapes and sections totaled +5.0%.

In value terms, steel, alloy; angles, shapes and sections ($16M) constituted the largest type of stainless steel angle supplied to the United States, comprising 73% of total imports. The second position in the ranking was held by steel, stainless ($6.2M), with a 27% share of total imports.

U.S. Stainless Steel Angle Imports by Country

In June 2022, the UK (7.1K tons) constituted the largest stainless steel angle supplier to the United States, with a 73% share of total imports. Moreover, stainless steel angle imports from the UK exceeded the figures recorded by the second-largest supplier, India (797 tons), ninefold. The third position in this ranking was taken by Luxembourg (755 tons), with a 7.8% share.

From January 2022 to June 2022, the average monthly growth rate of volume from the UK stood at +26.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: India (-1.6% per month) and Luxembourg (-28.7% per month).

In value terms, the UK ($13M) constituted the largest supplier of stainless steel angle to the United States, comprising 56% of total imports. The second position in the ranking was held by India ($4.2M), with a 19% share of total imports. It was followed by Luxembourg, with a 4.3% share.

From January 2022 to June 2022, the average monthly rate of growth in terms of value from the UK stood at +35.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: India (+3.3% per month) and Luxembourg (-23.9% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the stainless steel angle market in the U.S.. 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.

Product coverage:

Prodcom 24107200 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of stainless steel
Prodcom 24107300 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of other alloy steel
Prodcom 24312050 - Sections, of alloy steel other than stainless, cold-finished or cold-formed (e.g. by cold-drawing)
Prodcom 24331200 - Cold-formed sections, obtained from flat products, of stainless steel

Country coverage:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023