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Galvanized Plain Sheet Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A22555
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Galvanized Plain Sheet Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Galvanized Plain Sheet | Metal & Metalloids | USA | 1230 USD/MT |
| Galvanized Plain Sheet | Metal & Metalloids | Taiwan | 1356 USD/MT |
| Galvanized Plain Sheet | Metal & Metalloids | Germany | 844 USD/MT |
The price of galvanized plain sheet in the United States for Q4 2023 reached 1230 USD/MT in December. The market experienced moderate to high supply and low to moderate demand. In October, the price of the galvanized plain sheet remained stable in the US spot market, unaffected by international government policies and rising interest rates.
The price trend for galvanized plain sheets in Taiwan remained stable during the last quarter of 2023, reaching 1356 USD/MT in December. In response to rising raw material costs, Taiwanese steel mills, including Chung Hung Steel Corporation (CHS) and China Steel Corporation (CSC), implemented slight price increases for galvanized plain sheets in October.
In Germany, galvanized plain sheet prices were moderate to high supply and low downstream demand, reaching 844 USD/MT, influenced by weak demand and low demand recovery. In October, the price of the galvanized plain sheet remained stable in the German spot market despite global economic challenges.
Galvanized Plain Sheet Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Galvanized Plain Sheet Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of galvanized plain sheet pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of galvanized plain sheet at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of galvanized plain sheet price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing galvanized plain sheet price fluctuations, such as supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Galvanized Plain Sheet Market Analysis
The global galvanized plain sheet market size reached 38.2 Million tons in 2023. By 2032, IMARC Group expects the market to reach 50.3 Million tons, at a projected CAGR of 3.10% during 2023-2032.
- Galvanized plain sheets offer superior protection against corrosion, making them ideal for use in environments prone to moisture and chemical exposure. The zinc coating acts as a barrier that protects the steel from corrosive substances extending the life of the product.
- One significant use of galvanized plain sheets is in the construction of outdoor structures such as sheds, barns, and industrial buildings. Corrosion resistance makes it ideal for applications where the structures are exposed to harsh weather conditions, such as rain, snow, and high humidity, which lead to the rapid weakening of plain carbon steel.
- In line with this, the zinc coating on galvanized plain sheets prevents rust and enhances the material's overall strength and durability. This characteristic ensures that structures and components made from these sheets withstand harsh conditions without deforming or breaking.
- Galvanized steel is versatile and easy to work with. It can be cut, welded, and molded without losing its protective zinc coating, making it a favored choice among manufacturers and constructors for its adaptability in various applications.
- Additionally, galvanized steel is ecologically friendly as it is 100% recyclable without loss of quality. Its longevity and recyclability make it an engaging choice for eco-conscious projects and applications, contributing to sustainable construction practices.
- Concurrently, the modern galvanizing process provides a uniform coating of zinc on steel surfaces, safeguarding regular protection throughout the sheet. This uniformity is crucial for maintaining the integrity and aesthetic appearance of the final product, thus creating a positive outlook for market expansion.
- Besides this, galvanized sheets demonstrate excellent performance under high temperatures, maintaining their structural reliability and resistance to scaling. This makes them suitable for applications like heating, ventilation, and air conditioning (HVAC) systems and industrial ovens where heat resistance is required.
Galvanized Plain Sheet News
The report covers the latest developments, updates, and trends impacting the global galvanized plain sheet market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the galvanized plain sheet price trend.
Latest developments in the galvanized plain sheet industry:
- In April 2023, The Indian Ministry of Steel collaborated with Arcelor and other steel corporations, to establish additional production capacity. This plan is planned to produce 25 million metric tons of special steel in India over the next five years.
- In October 2021, Rio Tinto revealed its aim to reduce scope 1 and 2 emissions by 50% by 2030 and 15% by 2025, compared to a 2018 baseline of 32.6Mt (CO2equivalent - equity basis). Rio Tinto is to invest about $7.5 billion in direct capital expenditure to decarbonize its assets between 2022 and 2030, with a focus on renewable electricity for iron ore.
Product Description
A galvanized plain sheet, known as galvanized steel, is a product that has been coated in a layer of zinc to protect it from corrosion. This process, known as galvanization, involves the steel being underwater in a bath of molten zinc. The zinc coating specifies a strong layer of protection against the elements, preventing rust and improving the material's stability.
The primary applications of galvanized plain sheets are found in environments where the steel is vulnerable to decay and corrosion, thus creating a positive outlook for the market growth. Alongside, these sheets are usually used in the construction industry for roofing, wall cladding, and framing.
The automotive industry also utilizes these sheets for manufacturing body parts of vehicles that require superior durability and resistance to weathering. Moreover, galvanized sheets are used in HVAC systems for constructing ductwork that has boosted longevity and is less prone to rust.
Regional Coverage
The report provides a detailed analysis of the galvanized plain sheet market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the galvanized plain sheet price trend.
Global Galvanized Plain Sheet Price
The report offers a holistic view of the global galvanized plain sheet pricing trends in the form of galvanized plain sheet price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of galvanized plain sheet but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed galvanized plain sheet demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Galvanized Plain Sheet Price
The European region has experienced a decline in Q4 2023, with moderate to high supply and low downstream demand. In October, the price of the galvanized plain sheet remained stable in the German spot market despite global economic challenges. While China's economic measures increased demand abroad, rising interest rates in the US and Europe limited international trade the German market saw a slight price decrease in the third week, influenced by economic uncertainty affecting the automotive sector.
This analysis can be extended to include detailed galvanized plain sheet price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Galvanized Plain Sheet Price
In North America, the galvanized plain sheet market has witnessed significant growth in the last quarter of 2023 (Q4), with moderate to high supply and low to moderate demand. Initially, in October, the price of the galvanized plain sheet remained stable in the US spot market, unaffected by international government policies and rising interest rates. Moreover, the Chinese government's economic measures increased demand for the sheet in construction projects abroad, balancing the market.
Specific galvanized plain sheet historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Galvanized Plain Sheet Price
The report explores the galvanized plain sheet pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on galvanized plain sheet prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Galvanized Plain Sheet Price
The galvanized plain sheet pricing in the Asia Pacific region continued to be stable during the last quarter of 2023 (Q4) due to rising raw material costs; Taiwanese steel mills, including Chung Hung Steel Corporation (CHS) and China Steel Corporation (CSC), executing slight increase in price. Besides this, a sluggish international automotive industry and limited overseas demand, significant orders persisted, reflecting assurance. Furthermore, the price adjustments were aimed to counteract escalating production costs and were expected to continue into the early stages of the last quarter.
This galvanized plain sheet price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Galvanized Plain Sheet Price
The analysis of galvanized plain sheet prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Galvanized Plain Sheet |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Galvanized Plain Sheet Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of galvanized plain sheet pricing, covering global and regional trends, spot prices at key ports, and a breakdown of ex-works, FOB, and CIF prices.
- The study examines factors affecting galvanized plain sheet price trend, including supply-demand shifts and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The galvanized plain sheet price charts ensure our clients remain at the forefront of the industry.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
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