Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Austria - 2024
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Austria (CIF) - 2024
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Austria (FOB) - 2024
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Austria
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Austria
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Austria (CIF) - 2024
The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $1,421 per ton in January 2024, jumping by 16% against the previous month. Overall, the import price, however, recorded a noticeable reduction. The pace of growth was the most pronounced in March 2023 when the average import price increased by 114% month-to-month. As a result, import price reached the peak level of $2,719 per ton. From April 2023 to January 2024, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From January 2023 to January 2024, the rate of growth in terms of prices for the United States amounted to +41.3% per month.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Austria (FOB) - 2024
In January 2024, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $1,332 per ton, jumping by 77% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 120% against the previous month. The export price peaked at $1,446 per ton in August 2023; however, from September 2023 to January 2024, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From January 2023 to January 2024, the rate of growth in terms of prices for Pakistan amounted to +1.9% per month.
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Austria
In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s imported into Austria shrank dramatically to 39K tons, falling by -15.1% against the previous year. In general, imports showed a slight shrinkage. The growth pace was the most rapid in 2021 with an increase of 87%. As a result, imports reached the peak of 46K tons, and then reduced sharply in the following year.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s contracted to $68M in 2022. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 169%. As a result, imports reached the peak of $69M, and then contracted slightly in the following year.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.5 | 15.2 | 47.2 | 47.5 | 17.2% |
| Italy | 2.7 | 3.6 | 9.8 | 10.3 | 56.3% |
| Poland | 0.7 | 1.0 | 1.8 | 2.9 | 60.6% |
| Spain | 1.2 | 0.5 | 4.0 | 2.7 | 31.0% |
| Sweden | 2.4 | 1.1 | 1.9 | 2.3 | -1.4% |
| Czech Republic | 2.5 | 2.2 | 1.9 | 0.4 | -45.7% |
| Others | 2.3 | 2.1 | 2.7 | 1.6 | -11.4% |
| Total | 41.2 | 25.8 | 69.3 | 67.7 | 18.0% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Austria in 2022:
- Germany (22.0K tons)
- Italy (10.7K tons)
- Poland (3.2K tons)
- Spain (0.9K tons)
- Czech Republic (0.8K tons)
- Sweden (0.8K tons)
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Austria
For the third consecutive year, Austria recorded decline in shipments abroad of ferrous waste and scrap; of alloy steel (excluding stainless)s, which decreased by -37.3% to 15K tons in 2022. In general, exports continue to indicate a sharp reduction. The smallest decline of -11.3% was in 2020.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s shrank remarkably to $14M in 2022. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, the exports reached the peak of $18M, and then declined rapidly in the following year.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.0 | 5.1 | 8.9 | 8.1 | 10.5% |
| Italy | 1.4 | 1.1 | 2.4 | 2.2 | 16.3% |
| Turkey | 8.2 | 8.4 | 4.8 | 1.9 | -38.6% |
| Pakistan | 0.9 | 0.5 | 1.3 | 0.6 | -12.6% |
| Romania | N/A | N/A | N/A | 0.6 | 0% |
| Slovenia | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Others | 0.1 | 0.5 | 0.4 | 0.4 | 58.7% |
| Total | 16.5 | 15.7 | 18.0 | 14.0 | -5.3% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Austria in 2022:
- Italy (4.8K tons)
- Turkey (4.1K tons)
- Germany (4.0K tons)
- Romania (1.1K tons)
- Pakistan (0.5K tons)
- Slovenia (0.5K tons)
449
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Austria.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
449
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Austria.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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