Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Finland - 2024
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Finland (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Finland (FOB) - 2024
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Finland
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Finland
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Finland (CIF) - 2022
The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $285 per ton in 2022, growing by 15% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 273% against the previous year. As a result, import price reached the peak level of $967 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($289 per ton), while the price for Norway stood at $220 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.7%), while the prices for the other major suppliers experienced a decline.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Finland (FOB) - 2024
The average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $969 per ton in January 2024, growing by 2.9% against the previous month. Overall, the export price posted a perceptible increase. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 257% m-o-m. The export price peaked at $1,036 per ton in November 2023; however, from December 2023 to January 2024, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In January 2024, the country with the highest price was Malaysia ($1,175 per ton), while the average price for exports to Thailand stood at $1,044 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Finland
Imports of ferrous waste and scrap; of alloy steel (excluding stainless)s into Finland soared to 30K tons in 2022, growing by 198% against 2021. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s soared to $8.6M in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 0.3 | 0.5 | 2.0 | 8.1 | 200.0% |
| Norway | 0.5 | 0.4 | 0.3 | 0.5 | 0.0% |
| Others | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Total | 1.0 | 1.1 | 2.5 | 8.6 | 104.9% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Finland in 2022:
- Sweden (28.0K tons)
- Norway (2.2K tons)
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Finland
For the third year in a row, Finland recorded decline in shipments abroad of ferrous waste and scrap; of alloy steel (excluding stainless)s, which decreased by -57.3% to 2.3K tons in 2022. Over the period under review, exports showed a sharp decrease. The smallest decline of -6.8% was in 2021.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s declined significantly to $1.5M in 2022. In general, exports recorded a sharp reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 23%.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 57.3 | 317 | 1,023 | 837 | 144.5% |
| India | 18.2 | 31.4 | N/A | 228 | 132.2% |
| Malaysia | 288 | 386 | 598 | 127 | -23.9% |
| Germany | 892 | 65.1 | 173 | 104 | -51.1% |
| Pakistan | 1,176 | 1,403 | 1,549 | 90.7 | -57.4% |
| Thailand | N/A | N/A | N/A | 69.6 | 0% |
| Latvia | N/A | 439 | N/A | N/A | 0% |
| Estonia | 1,060 | 9.0 | 15.7 | N/A | -87.8% |
| Portugal | 1,125 | N/A | N/A | N/A | 0% |
| Others | 1,213 | 103 | 32.7 | N/A | -83.6% |
| Total | 5,829 | 2,754 | 3,391 | 1,456 | -37.0% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Finland in 2022:
- Sweden (1659.3 tons)
- Germany (209.2 tons)
- India (178.6 tons)
- Malaysia (103.2 tons)
- Pakistan (79.3 tons)
- Thailand (53.6 tons)
434
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Finland.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
434
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Finland.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
Nothing found. Please try again.
