Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ukraine - 2024

Contents:

  1. Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ukraine (FOB) - 2022
  2. Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ukraine (CIF) - 2022
  3. Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ukraine
  4. Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ukraine

Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ukraine (FOB) - 2022

The average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $294 per ton in 2022, reducing by -47.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 107%. Over the period under review, the average export prices reached the maximum at $559 per ton in 2021, and then declined markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,452 per ton), while the average price for exports to Poland ($89 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+37.9%), while the prices for the other major destinations experienced a decline.

Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ukraine (CIF) - 2022

The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $1,010 per ton in 2022, jumping by 33% against the previous year. In general, the import price enjoyed a prominent increase. The growth pace was the most rapid in 2013 when the average import price increased by 119% against the previous year. The import price peaked at $1,901 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Belarus.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +36.7% per year.

Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ukraine

In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s exported from Ukraine skyrocketed to 468 tons, rising by 413% on the previous year's figure. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s skyrocketed to $138K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.6N/A28.882.4132.0%
IndiaN/AN/A7.725.8235.1%
TurkeyN/AN/A8.316.9103.6%
PolandN/AN/AN/A12.60%
Mali0.4N/AN/AN/A0%
EstoniaN/AN/A6.3N/A0%
Others3.8N/AN/AN/A0%
Total10.9N/A51.1138133.1%

Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Ukraine in 2022:

  1. India (227.7 tons)
  2. Poland (141.9 tons)
  3. Germany (56.8 tons)
  4. Turkey (41.9 tons)

Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ukraine

Imports of ferrous waste and scrap; of alloy steel (excluding stainless)s into Ukraine contracted rapidly to 11 tons in 2022, reducing by -97.3% against the previous year's figure. Overall, imports saw a dramatic shrinkage. The smallest decline of -53.4% was in 2020.

In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s dropped dramatically to $4.9K in 2022. Over the period under review, imports faced a precipitous contraction. The smallest decline of -48.3% was in 2020.

Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus13211431.24.9-66.6%
Russia97.118418.9N/A-55.9%
South Korea463161N/AN/A-65.2%
Slovakia46.0N/A45.1N/A-1.0%
Netherlands763376192N/A-49.8%
PolandN/A39.144.2N/A13.0%
Turkey21516.216.4N/A-72.4%
Others12060.5N/AN/A-49.6%
Total1,8379503484.9-86.1%

Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Ukraine in 2022:

  1. Belarus (11.0 tons)

Source: IndexBox Market Intelligence Platform

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