Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the United States - 2023

Contents:

1. Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the United States (CIF) - 2022
2. Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the United States (FOB) - 2023
3. Imports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the United States
4. Exports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the United States

Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the United States (CIF) - 2022

In 2022, the average import price for granulated slag (slag sand) from the manufacture of iron or steel amounted to $71 per ton, jumping by 76% against the previous year. In general, the import price continues to indicate a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($703 per ton), while the price for China ($46 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the United States (FOB) - 2023

In December 2023, the average export price for granulated slag (slag sand) from the manufacture of iron or steel amounted to $134 per ton, increasing by 5.5% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 70% m-o-m. As a result, the export price reached the peak level of $183 per ton. From July 2023 to December 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Mexico ($212 per ton), while the average price for exports to Canada ($98.0 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-1.1%), while the prices for the other major destinations experienced a decline.

Imports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the United States

After three years of growth, supplies from abroad of granulated slag (slag sand) from the manufacture of iron or steel decreased by -28.7% to 1.7M tons in 2022. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 8.7%.

In value terms, imports of granulated slag (slag sand) from the manufacture of iron or steel soared to $120M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel to the United States in 2022:

1. Japan (941.2K tons)
2. China (428.0K tons)
3. Brazil (238.7K tons)
4. South Africa (40.3K tons)
5. Canada (38.8K tons)

Exports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the United States

In 2022, approx. 61K tons of granulated slag (slag sand) from the manufacture of iron or steel were exported from the United States; with an increase of 154% compared with 2021 figures. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 232% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of granulated slag (slag sand) from the manufacture of iron or steel skyrocketed to $7.9M in 2022. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 171% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel from the United States in 2022:

1. Canada (53.4K tons)
2. Mexico (7.3K tons)

Source: IndexBox Market Intelligence Platform