Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in France - 2024
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in France (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in France (CIF) - 2024
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in France
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in France
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in France (FOB) - 2022
The average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $427 per ton in 2022, stabilizing at the previous year. In general, the export price saw a slight expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 100%. As a result, the export price attained the peak level of $557 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($484 per ton) and Greece ($472 per ton), while the average price for exports to Turkey ($380 per ton) and Belgium ($412 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+3.2%), 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 France (CIF) - 2024
In January 2024, the average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $422 per ton, dropping by -5.9% against the previous month. Over the period under review, the import price continues to indicate a mild decline. The growth pace was the most rapid in March 2023 an increase of 49% month-to-month. As a result, import price attained the peak level of $663 per ton. From April 2023 to January 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,859 per ton), while the price for Tunisia ($227 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in France
In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s exported from France dropped rapidly to 728K tons, with a decrease of -48.1% against 2021. Overall, exports recorded a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 5.7% against the previous year.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s dropped significantly to $312M in 2022. In general, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 75%. As a result, the exports reached the peak of $598M, and then declined notably in the following year.
Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 97.2 | 75.2 | 127 | 76.2 | -7.8% |
Turkey | 60.8 | 59.0 | 63.0 | 56.5 | -2.4% |
Belgium | 67.0 | 47.2 | 77.5 | 47.6 | -10.8% |
Italy | 36.3 | 36.0 | 107 | 40.7 | 3.9% |
Luxembourg | 49.0 | 43.5 | 67.6 | 35.5 | -10.2% |
Germany | 47.4 | 50.6 | 83.7 | 35.5 | -9.2% |
Switzerland | 4.5 | 7.2 | 21.0 | 3.5 | -8.0% |
Others | 16.2 | 23.2 | 50.8 | 16.1 | -0.2% |
Total | 378 | 342 | 598 | 312 | -6.2% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from France in 2022:
- Spain (178.7K tons)
- Turkey (148.6K tons)
- Belgium (115.7K tons)
- Italy (91.6K tons)
- Luxembourg (79.0K tons)
- Germany (73.5K tons)
- Switzerland (7.3K tons)
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in France
Imports of ferrous waste and scrap; of alloy steel (excluding stainless)s into France fell notably to 115K tons in 2022, shrinking by -55.8% compared with 2021 figures. In general, imports recorded a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of 259K tons, and then contracted notably in the following year.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s declined remarkably to $66M in 2022. Overall, imports recorded a slight reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 97% against the previous year. As a result, imports reached the peak of $110M, and then shrank remarkably in the following year.
Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 37.5 | 34.1 | 65.8 | 29.6 | -7.6% |
Belgium | 15.7 | 11.0 | 29.6 | 22.3 | 12.4% |
Sweden | 5.4 | 4.2 | 2.9 | 4.1 | -8.8% |
Switzerland | 1.5 | 1.1 | 2.0 | 2.4 | 17.0% |
United Kingdom | 1.4 | 0.5 | 1.7 | 1.9 | 10.7% |
Luxembourg | 1.8 | 1.0 | 3.0 | 1.5 | -5.9% |
Spain | 0.8 | 0.5 | 1.9 | 0.6 | -9.1% |
Others | 4.9 | 3.3 | 2.7 | 3.3 | -12.3% |
Total | 69.0 | 55.7 | 110 | 65.7 | -1.6% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to France in 2022:
- Belgium (47.7K tons)
- Germany (44.1K tons)
- Switzerland (7.8K tons)
- Luxembourg (4.7K tons)
- United Kingdom (3.2K tons)
- Spain (2.4K tons)
- Sweden (2.0K tons)
This report provides an in-depth analysis of the market for metal remelting scrap ingots in France.
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
This report provides an in-depth analysis of the market for metal remelting scrap ingots in France.
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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