Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Iran - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Iran (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Iran (FOB) - 2022
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Iran
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Iran
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Iran (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $323 per ton, almost unchanged from the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ferrous waste and scrap; of alloy steel (excluding stainless)s increased by +50.9% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 44%. The import price peaked at $339 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($831 per ton), while the price for South Africa ($191 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Iran (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $965 per ton, dropping by -8% against the previous year. Over the period under review, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 70% against the previous year. The export price peaked at $1,340 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($2,312 per ton), while the average price for exports to Pakistan ($430 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 (+14.0%), 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 Iran
In 2022, after two years of decline, there was growth in supplies from abroad of ferrous waste and scrap; of alloy steel (excluding stainless)s, when their volume increased by 4.5% to 1.9K tons. Over the period under review, imports, however, recorded a sharp reduction.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s rose slightly to $602K in 2022. Overall, imports, however, faced a precipitous shrinkage.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 2,285 | 1,400 | 497 | 525 | -38.8% |
| China | 229 | 177 | 20.9 | 31.7 | -48.3% |
| Armenia | 23.6 | 11.3 | 3.1 | 14.1 | -15.8% |
| United Arab Emirates | 145 | 50.7 | 7.1 | 12.9 | -55.4% |
| South Korea | 59.4 | 33.7 | 11.0 | 10.6 | -43.7% |
| Turkey | 345 | 87.7 | 12.9 | 2.8 | -79.9% |
| Others | 74.2 | 31.3 | 23.1 | 5.2 | -58.8% |
| Total | 3,162 | 1,792 | 575 | 602 | -42.5% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Iran in 2022:
- Kazakhstan (1600.9 tons)
- China (116.9 tons)
- Armenia (44.0 tons)
- United Arab Emirates (38.7 tons)
- South Korea (29.9 tons)
- Turkey (3.4 tons)
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Iran
In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s exported from Iran stood at 384 tons, rising by 14% on 2021. Overall, exports, however, continue to indicate a noticeable decline.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s shrank to $357K in 2022. In general, exports, however, faced a abrupt contraction.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | N/A | N/A | N/A | 335 | 0% |
| Turkey | 486 | 252 | 298 | 19.2 | -65.9% |
| Germany | 50.1 | 68.5 | 48.6 | 2.1 | -65.3% |
| Pakistan | 8.1 | 12.9 | 10.6 | 0.5 | -60.5% |
| Others | 1.6 | 28.0 | 1.4 | 0.1 | -60.3% |
| Total | 546 | 361 | 359 | 357 | -13.2% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Iran in 2022:
- Kuwait (363.1 tons)
- Turkey (18.8 tons)
- Pakistan (1.2 tons)
- Germany (0.9 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Iran.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
308
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Iran.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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