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

Contents:

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

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

In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $617 per ton, reducing by -16.6% against the previous year. In general, the export price, however, saw a temperate expansion. The most prominent rate of growth was recorded in 2016 an increase of 394% against the previous year. The export price peaked at $928 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($1,037 per ton), while the average price for exports to France ($408 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 Greece (+51.6%), 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 Romania (CIF) - 2022

The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $848 per ton in 2022, with an increase of 71% against the previous year. In general, the import price saw buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,069 per ton), while the price for Hungary ($585 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.8%).

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

In 2022, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s from Romania skyrocketed to 2.5K tons, with an increase of 40% against 2021 figures. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 223%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s skyrocketed to $1.5M in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 276% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France28821839248819.2%
Pakistan47.041.069831388.1%
IndiaN/AN/A47.0181285.1%
ItalyN/AN/A11917042.9%
TurkeyN/AN/AN/A79.40%
ThailandN/AN/AN/A74.90%
Germany26.148.529.758.030.5%
BulgariaN/AN/AN/A53.50%
Czech Republic3390.2N/AN/A-99.9%
Others8.441.425.195.7125.0%
Total7083491,3111,51428.8%

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

  1. France (1195.2 tons)
  2. Italy (361.9 tons)
  3. Pakistan (349.6 tons)
  4. India (174.7 tons)
  5. Bulgaria (88.4 tons)
  6. Turkey (85.5 tons)
  7. Thailand (83.6 tons)
  8. Germany (48.6 tons)

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

In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s imported into Romania shrank significantly to 105 tons, reducing by -93.1% compared with the previous year. Overall, imports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.

In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s declined rapidly to $84K in 2022. In general, imports saw a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 81%.

Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary2,25338974047.0-72.5%
Germany10.728.315.030.141.2%
GreeceN/AN/AN/A6.40%
Others22.7N/AN/AN/A0%
Total2,28741875583.5-66.8%

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

  1. Hungary (80.3 tons)
  2. Germany (14.6 tons)
  3. Greece (10.4 tons)

Source: IndexBox Market Intelligence Platform

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