Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the UK - 2023

Contents:

1. Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the UK (CIF) - 2023
2. Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the UK (FOB) - 2023
3. Imports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the UK
4. Exports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the UK

Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the UK (CIF) - 2023

In November 2023, the average import price for granulated slag (slag sand) from the manufacture of iron or steel amounted to $89.1 per ton, which is down by -39.7% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 45% against the previous month. Over the period under review, average import prices attained the maximum at $148 per ton in October 2023, and then declined sharply in the following month.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Belgium ($144 per ton), while the price for Germany ($49.0 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+43.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the UK (FOB) - 2023

The average export price for granulated slag (slag sand) from the manufacture of iron or steel stood at $178 per ton in November 2023, rising by 15% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 311% month-to-month. As a result, the export price attained the peak level of $692 per ton. From July 2023 to November 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($306 per ton), while the average price for exports to Tanzania ($130 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the UK

In 2022, the amount of granulated slag (slag sand) from the manufacture of iron or steel imported into the UK skyrocketed to 1.7M tons, jumping by 92% against the year before. Over the period under review, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 102% against the previous year. Over the period under review, imports of granulated slag (slag sand) from manufacture of iron or steel attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of granulated slag (slag sand) from the manufacture of iron or steel skyrocketed to $126M in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel to the UK in 2022:

1. Spain (374.6K tons)
2. Netherlands (366.5K tons)
3. France (262.4K tons)
4. Japan (234.1K tons)
5. Germany (152.0K tons)
6. India (73.2K tons)
7. Italy (54.6K tons)
8. Ireland (47.3K tons)
9. Finland (24.2K tons)

Exports of Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel in the UK

Exports of granulated slag (slag sand) from the manufacture of iron or steel from the UK dropped remarkably to 11K tons in 2022, with a decrease of -23.7% on the previous year. Overall, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. As a result, the exports attained the peak of 14K tons, and then fell rapidly in the following year.

In value terms, exports of granulated slag (slag sand) from the manufacture of iron or steel reduced to $1.5M in 2022. In general, exports saw a pronounced curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 3.9% against the previous year.

Top Export Markets for Granulated Slag (Slag Sand) from the Manufacture of Iron or Steel from the UK in 2022:

1. Saudi Arabia (4.5K tons)
2. Denmark (3.6K tons)
3. Ireland (1.2K tons)
4. Tanzania (0.9K tons)
5. Malta (0.2K tons)
6. United Arab Emirates (0.1K tons)

Source: IndexBox Market Intelligence Platform