Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Kazakhstan - 2023

Contents:

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

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

In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $359 per ton, increasing by 1.6% against the previous year. Overall, the export price enjoyed a notable increase. The pace of growth appeared the most rapid in 2021 an increase of 50%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($344 per ton), while the average price for exports to Iran stood at $334 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.0%).

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

The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $303 per ton in 2022, surging by 3.3% against the previous year. Overall, the import price showed a temperate increase. The pace of growth was the most pronounced in 2020 an increase of 63%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Kyrgyzstan ($638,333 per ton), while the price for Russia totaled $287 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+126.6%).

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

In 2022, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s from Kazakhstan declined sharply to 26K tons, dropping by -41.1% compared with the year before. Overall, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year.

In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s fell notably to $9.5M in 2022. In general, exports saw a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 99% against the previous year.

Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia15.14.610.94.9-31.3%
Iran3.32.84.13.73.9%
Others0.70.60.90.84.6%
Total19.18.015.89.5-20.8%

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

  1. Russia (14.3K tons)
  2. Iran (11.1K tons)

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

Imports of ferrous waste and scrap; of alloy steel (excluding stainless)s into Kazakhstan declined notably to 118 tons in 2022, which is down by -88.6% on 2021 figures. Over the period under review, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 717%. As a result, imports attained the peak of 1K tons, and then declined markedly in the following year.

In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s reduced rapidly to $36K in 2022. Overall, imports saw a mild slump. The growth pace was the most rapid in 2021 with an increase of 823% against the previous year. As a result, imports attained the peak of $303K, and then contracted rapidly in the following year.

Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia36.932.730333.8-2.9%
Others0.20.20.21.9111.8%
Total37.132.930335.7-1.3%

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

  1. Russia (117.7 tons)

Source: IndexBox Market Intelligence Platform

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