Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Slovakia - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Slovakia (FOB) - 2023
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Slovakia (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Slovakia
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Slovakia
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Slovakia (FOB) - 2023
The average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $310 per ton in December 2023, with a decrease of -2.6% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 42% against the previous month. As a result, the export price attained the peak level of $672 per ton. From May 2023 to December 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($534 per ton), while the average price for exports to Italy ($293 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Slovakia (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $428 per ton, shrinking by -4.1% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 +53.0% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 56%. The import price peaked at $515 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($3,154 per ton), while the price for Hungary ($338 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Slovakia
In 2022, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s from Slovakia contracted to 22K tons, dropping by -10.8% on the previous year's figure. Over the period under review, exports showed a dramatic shrinkage.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s dropped to $11M in 2022. In general, exports saw a dramatic setback.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 1.3 | 3.5 | 5.2 | 4.5 | 51.3% |
| Germany | 0.8 | 1.1 | 1.0 | 2.4 | 44.2% |
| Czech Republic | 2.5 | 3.0 | 3.0 | 2.0 | -7.2% |
| Hungary | 0.9 | 0.4 | 0.6 | 1.0 | 3.6% |
| Poland | 19.2 | 8.4 | 1.7 | 0.6 | -68.5% |
| Italy | 0.2 | 0.4 | 0.1 | 0.2 | 0.0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 24.9 | 16.8 | 11.8 | 10.9 | -24.1% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Slovakia in 2022:
- Austria (9.9K tons)
- Czech Republic (5.2K tons)
- Germany (3.1K tons)
- Poland (1.9K tons)
- Hungary (1.5K tons)
- Italy (0.4K tons)
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Slovakia
For the third consecutive year, Slovakia recorded decline in supplies from abroad of ferrous waste and scrap; of alloy steel (excluding stainless)s, which decreased by -11.8% to 7.1K tons in 2022. Over the period under review, imports showed a abrupt curtailment. The smallest decline of -10.4% was in 2021.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s fell rapidly to $3M in 2022. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 683 | 720 | 1,541 | 954 | 11.8% |
| Hungary | 129 | 29.4 | 613 | 938 | 93.7% |
| Poland | 1,930 | 1,627 | 868 | 682 | -29.3% |
| Austria | N/A | 201 | 553 | 431 | 46.4% |
| Others | 994 | 14.2 | 7.5 | 27.2 | -69.9% |
| Total | 3,736 | 2,591 | 3,582 | 3,031 | -6.7% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Slovakia in 2022:
- Hungary (2.8K tons)
- Czech Republic (2.2K tons)
- Poland (2.0K tons)
- Austria (0.1K tons)
424
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Slovakia.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
424
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Slovakia.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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