Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Russia - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Russia (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Russia (FOB) - 2022
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Russia
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Russia
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Russia (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $359 per ton, which is down by -2.8% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2017 when the average import price increased by 52%. Over the period under review, average import prices attained the maximum at $1,056 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -2.1% per year.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Russia (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $732 per ton, jumping by 33% against the previous year. In general, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of 87%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,233 per ton), while the average price for exports to Kazakhstan ($300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Russia
In 2022, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s into Russia contracted markedly to 26K tons, with a decrease of -40.1% compared with the previous year. In general, imports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s reduced notably to $9.5M in 2022. Over the period under review, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 97% against the previous year.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 18.8 | 8.0 | 15.7 | 9.5 | -20.3% |
| Kyrgyzstan | 2.3 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.3 | 0.5 | N/A | 58.1% |
| Total | 21.3 | 8.3 | 16.3 | 9.5 | -23.6% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Russia in 2022:
- Kazakhstan (26.4K tons)
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Russia
In 2022, overseas shipments of ferrous waste and scrap; of alloy steel (excluding stainless)s decreased by -83.2% to 9.7K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 10%. As a result, the exports reached the peak of 69K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s contracted sharply to $8.2M in 2022. In general, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 58% against the previous year. As a result, the exports attained the peak of $35M, and then contracted significantly in the following year.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.2 | 2.8 | 10.2 | 4.4 | 1.6% |
| Portugal | 7.4 | 10.0 | 14.5 | 2.9 | -26.8% |
| China | N/A | N/A | N/A | 0.2 | 0% |
| Netherlands | 1.0 | 1.5 | 2.3 | 0.1 | -53.6% |
| Malaysia | 0.1 | 1.6 | 1.7 | N/A | 312.3% |
| Lithuania | 2.7 | 4.2 | 0.2 | N/A | -72.8% |
| Egypt | 9.8 | 0.1 | 0.2 | N/A | -85.7% |
| Turkey | N/A | 1.4 | 3.5 | N/A | 150.0% |
| Others | 1.0 | 0.6 | 2.2 | 0.7 | -11.2% |
| Total | 26.2 | 22.0 | 34.8 | 8.2 | -32.1% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Russia in 2022:
- Portugal (5.4K tons)
- Germany (3.6K tons)
- China (0.4K tons)
- Turkey (0.1K tons)
362
This report provides an in-depth analysis of the market for metal remelting scrap ingots in the Russian Federation.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
362
This report provides an in-depth analysis of the market for metal remelting scrap ingots in the Russian Federation.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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