Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Libya - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Libya (FOB) - 2022
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Libya
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Libya (FOB) - 2022
The average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $438 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price recorded a mild setback. The most prominent rate of growth was recorded in 2015 an increase of 60%. As a result, the export price reached the peak level of $965 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -1.1% per year.
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Libya
In 2022, approx. 17K tons of ferrous waste and scrap; of alloy steel (excluding stainless)s were exported from Libya; leveling off at 2021. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 99% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $7.3M in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 99%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.1 | 3.7 | 7.3 | 7.3 | 51.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.1 | 3.7 | 7.3 | 7.3 | 51.5% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Libya in 2022:
- Turkey (16.7K tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Libya.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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