Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in France - 2023
Contents:
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in France (FOB) - 2023
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in France (CIF) - 2022
- Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in France
- Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in France
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in France (FOB) - 2023
In August 2023, the average export price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $408 per ton, flattening at the previous month. Over the period from October 2022 to August 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in April 2023 an increase of 10% against the previous month. As a result, the export price reached the peak level of $504 per ton. From May 2023 to August 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Pakistan ($607 per ton), while the average price for exports to Egypt ($323 per ton) was amongst the lowest.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in France (CIF) - 2022
The average import price for ferrous waste and scrap; remelting scrap ingots of iron or steels stood at $464 per ton in 2022, with an increase of 2.8% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ferrous waste and scrap; remelting scrap ingots of iron or steels increased by +64.9% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 60%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($953 per ton), while the price for Luxembourg ($356 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in France
In 2022, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels from France contracted to 6.4M tons, declining by -10.2% on 2021. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 16%. As a result, the exports reached the peak of 7.1M tons, and then shrank in the following year.
In value terms, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels shrank to $3.1B in 2022. In general, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 87% against the previous year. As a result, the exports reached the peak of $3.3B, and then declined in the following year.
| Export of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 593 | 514 | 1,019 | 1,026 | 20.1% |
| Spain | 497 | 390 | 759 | 635 | 8.5% |
| Luxembourg | 258 | 226 | 397 | 407 | 16.4% |
| Turkey | 165 | 159 | 286 | 276 | 18.7% |
| Italy | 166 | 166 | 338 | 269 | 17.5% |
| Germany | 162 | 128 | 238 | 232 | 12.7% |
| Portugal | 24.9 | 54.9 | 89.7 | 57.6 | 32.3% |
| Others | 116 | 137 | 201 | 203 | 20.5% |
| Total | 1,981 | 1,775 | 3,328 | 3,104 | 16.1% |
Top Export Markets for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel from France in 2022:
- Belgium (1805.5K tons)
- Spain (1612.5K tons)
- Luxembourg (787.1K tons)
- Turkey (668.9K tons)
- Italy (566.5K tons)
- Germany (469.0K tons)
- Portugal (147.7K tons)
Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in France
After three years of growth, supplies from abroad of ferrous waste and scrap; remelting scrap ingots of iron or steels decreased by -6.6% to 1.5M tons in 2022. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. As a result, imports attained the peak of 1.6M tons, and then dropped in the following year.
In value terms, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels reduced to $703M in 2022. Overall, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 78%. As a result, imports attained the peak of $732M, and then shrank slightly in the following year.
| Import of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 112 | 113 | 212 | 268 | 33.8% |
| Germany | 161 | 167 | 312 | 214 | 10.0% |
| Spain | 23.2 | 14.1 | 39.7 | 53.4 | 32.0% |
| Ireland | 3.1 | 4.8 | 5.8 | 41.1 | 136.7% |
| United Kingdom | 18.8 | 20.1 | 31.8 | 39.9 | 28.5% |
| Italy | 45.6 | 40.3 | 60.0 | 25.9 | -17.2% |
| Luxembourg | 23.5 | 8.7 | 26.5 | 19.1 | -6.7% |
| Switzerland | 12.9 | 11.5 | 19.3 | 16.7 | 9.0% |
| Others | 33.1 | 32.1 | 24.9 | 25.1 | -8.8% |
| Total | 434 | 412 | 732 | 703 | 17.4% |
Top Suppliers of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel to France in 2022:
- Belgium (588.1K tons)
- Germany (491.9K tons)
- Spain (101.2K tons)
- Ireland (90.8K tons)
- United Kingdom (90.7K tons)
- Luxembourg (53.7K tons)
- Switzerland (41.4K tons)
- Italy (27.9K tons)
385
This report provides an in-depth analysis of the market for metal remelting scrap ingots in France.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
385
This report provides an in-depth analysis of the market for metal remelting scrap ingots in France.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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