Price for Ferrous Waste and Scrap; of Stainless Steel in Poland - 2023

Price for Ferrous Waste and Scrap; of Stainless Steel in Poland (FOB) - 2023

The average export price for ferrous waste and scrap; of stainless steels stood at $1,724 per ton in November 2023, rising by 5.8% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in January 2023 an increase of 22% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,974 per ton in February 2023; however, from March 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Slovenia ($2,995 per ton), while the average price for exports to Sweden ($730 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ferrous Waste and Scrap; of Stainless Steel in Poland (CIF) - 2023

In December 2023, the average import price for ferrous waste and scrap; of stainless steels amounted to $1,747 per ton, remaining relatively unchanged against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in January 2023 an increase of 11% m-o-m. Over the period under review, average import prices attained the maximum at $1,870 per ton in May 2023; however, from June 2023 to December 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Kazakhstan ($2,261 per ton), while the price for Ukraine stood at $1,620 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ferrous Waste and Scrap; of Stainless Steel in Poland

In 2022, overseas shipments of ferrous waste and scrap; of stainless steels decreased by -14.1% to 141K tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a perceptible downturn. The pace of growth was the most pronounced in 2020 when exports increased by 3.6%. As a result, the exports reached the peak of 166K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of ferrous waste and scrap; of stainless steels rose markedly to $304M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 47% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Ferrous Waste and Scrap; of Stainless Steel in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	114	148	205	253	30.4%
Germany	27.0	20.1	22.2	18.0	-12.6%
Belgium	2.8	5.3	14.2	11.2	58.7%
Italy	9.4	2.6	13.3	6.4	-12.0%
Sweden	4.0	2.7	6.5	6.0	14.5%
Slovenia	N/A	2.7	0.8	5.7	45.3%
Czech Republic	1.9	0.7	0.5	0.8	-25.0%
Taiwan (Chinese)	14.7	3.3	N/A	N/A	-77.6%
Others	10.8	7.4	20.7	3.5	-31.3%
Total	184	193	284	304	18.2%

Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from Poland in 2022:

Finland (107.9K tons)
Germany (14.4K tons)
Belgium (6.0K tons)
Sweden (4.5K tons)
Italy (2.8K tons)
Slovenia (2.6K tons)
Czech Republic (1.4K tons)

Imports of Ferrous Waste and Scrap; of Stainless Steel in Poland

In 2022, after three years of growth, there was significant decline in purchases abroad of ferrous waste and scrap; of stainless steels, when their volume decreased by -13.1% to 24K tons. Overall, imports showed a slight decline. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year. As a result, imports attained the peak of 28K tons, and then contracted in the following year.

In value terms, imports of ferrous waste and scrap; of stainless steels fell to $47M in 2022. Over the period under review, imports, however, showed resilient growth. The growth pace was the most rapid in 2021 when imports increased by 77% against the previous year. As a result, imports reached the peak of $49M, and then dropped slightly in the following year.

Import of Ferrous Waste and Scrap; of Stainless Steel in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Czech Republic	3.4	4.7	5.5	16.1	67.9%
Germany	8.0	10.3	18.1	15.5	24.7%
Slovakia	0.3	0.3	2.8	4.6	148.4%
Russia	14.0	9.0	13.4	3.4	-37.6%
Romania	0.1	0.2	2.4	3.0	210.7%
Ukraine	0.5	0.7	2.5	2.8	77.6%
Slovenia	N/A	0.1	0.3	0.6	144.9%
Canada	1.3	0.3	1.4	0.2	-46.4%
Others	2.0	1.7	2.1	1.4	-11.2%
Total	29.6	27.3	48.5	47.4	17.0%