Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Chile - 2024
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Chile (FOB) - 2024
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Chile (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Chile
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Chile
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Chile (FOB) - 2024
The average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $354 per ton in January 2024, falling by -7.2% against the previous month. Overall, the export price recorded a mild shrinkage. The pace of growth appeared the most rapid in December 2023 when the average export price increased by 6.4% against the previous month. As a result, the export price reached the peak level of $381 per ton, and then declined in the following month.
Average prices varied noticeably for the major overseas markets. In January 2024, the country with the highest price was India ($379 per ton), while the average price for exports to Vietnam totaled $351 per ton.
From October 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Chile (CIF) - 2022
The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $396 per ton in 2022, jumping by 21% against the previous year. Over the period under review, the import price posted a remarkable increase. The growth pace was the most rapid in 2020 when the average import price increased by 189%. Over the period under review, average import prices reached the maximum at $457 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($644 per ton), while the price for China ($132 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+21.0%), while the prices for the other major suppliers experienced a decline.
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Chile
After two years of decline, shipments abroad of ferrous waste and scrap; of alloy steel (excluding stainless)s increased by 41% to 31K tons in 2022. In general, exports, however, showed a deep downturn.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s soared to $12M in 2022. Over the period under review, exports, however, showed a noticeable contraction.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 0.3 | 2.5 | 4.0 | 7.7 | 195.0% |
| Taiwan (Chinese) | 0.5 | 1.2 | 3.1 | 1.8 | 53.3% |
| Bangladesh | 10.0 | 5.3 | N/A | 0.8 | -56.9% |
| India | 1.2 | 0.9 | 0.7 | 0.7 | -16.4% |
| Thailand | 0.2 | 0.6 | 0.8 | 0.6 | 44.2% |
| Ecuador | 0.4 | 0.4 | N/A | N/A | 0.0% |
| Others | 0.8 | 0.5 | 0.2 | 0.3 | -27.9% |
| Total | 13.2 | 11.3 | 8.8 | 11.9 | -3.4% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Chile in 2022:
- Vietnam (20.7K tons)
- Taiwan (Chinese) (4.5K tons)
- Bangladesh (2.5K tons)
- Thailand (1.5K tons)
- India (0.7K tons)
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Chile
In 2022, after three years of growth, there was significant decline in supplies from abroad of ferrous waste and scrap; of alloy steel (excluding stainless)s, when their volume decreased by -15.6% to 5.8K tons. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 703%.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s expanded slightly to $2.3M in 2022. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 2,207% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | N/A | 612 | 1,809 | 1,911 | 76.7% |
| China | 2.3 | 11.0 | 19.1 | 3.3 | 12.8% |
| Others | 30.4 | 131 | 377 | 373 | 130.6% |
| Total | 32.7 | 753 | 2,205 | 2,287 | 312.0% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Chile in 2022:
- Peru (3.0K tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Chile.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Chile.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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