Steam Price Trend

In thermal power plants, coal is the most often used fuel to convert water to superheated steam. Bituminous coal, often known as brown coal, is commonly used as a boiler fuel in India because its volatile content ranges from 8% to 33% and its ash content ranges from 5% to 16%. One tonne of steam requires 118.5 kilos of BB-coal, of which 83%, or 98.4 kilogrammes, is raw coal. China was a big contributor to the rise in coal prices in 2021. The increase in demand induced by a supply deficit was exacerbated when China declined to continue trading coal with Australia. The price in China reached an all-time high of 223 USD/MT in October 2021. The cost of production had risen considerably as steel prices rose. This was also due to the ongoing rise in gasoline prices. The Chinese government made strenuous efforts to put the price spike under control, and by mid-November 2021, it had succeeded. In Europe, the price has remained stable at roughly 150 USD/MT. The prices of coal and natural gas impact steam prices. 

Procurement Resource Database

Please Login or
Subscribe to explore
our dashboard.

Procurement Resource provides latest prices of Steam. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Chart Description

Procurement Resource provides prices of Steam for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About Steam

Steam basically refers to the water in its gaseous form. Steam is obtained through boiling or evaporation of water. While the steam that is saturated or superheated is invisible, the real steam or wet steam is often formed upon the condensation of water vapour. Traditionally, steam is created by heating a boiler and burning coal or other fuels, but now-a-days, it can also be created using solar energy. The enthalpy of vaporization is the energy that is needed to turn water into the gaseous form as it increases in volume by 1,700 times at standard temperature and pressure.

Industrial Uses

  • Heat treatment 
  • Sterilization 
  • Energy/electricity production 
  • Agricultural
  • Energy storage
  • Lifting gas
  • Mechanical effort
  • Wood treatment
  • Concrete treatment

Production Processes

  • Production of Steam via Boiling

In order to produce Steam, water is heated at standard temperature and pressure. As the water starts to boil at 1000C, its evaporation takes place, thus, leading to the formation of Steam.

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Procurement Resource tracks the monthly Steam prices for more than 150 countries across the globe.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Procurement Resource also provides the detailed production cost analysis of Steam See more

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news