Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Iran - 2022
Contents:
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Iran (FOB) - 2022
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Iran (CIF) - 2022
- Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Iran
- Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Iran
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Iran (FOB) - 2022
The average export price for ferrous waste and scrap; remelting scrap ingots of iron or steels stood at $511 per ton in 2022, waning by -10.6% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 67%. As a result, the export price reached the peak level of $571 per ton, and then fell in the following year.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($686 per ton), while the average price for exports to Pakistan stood at $458 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+4.9%).
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Iran (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $184 per ton, with a decrease of -8% against the previous year. In general, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2017 an increase of 187% against the previous year. As a result, import price attained the peak level of $497 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
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 Turkey ($1,114 per ton), while the price for Azerbaijan ($132 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+12.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Iran
After two years of decline, shipments abroad of ferrous waste and scrap; remelting scrap ingots of iron or steels increased by 551% to 91K tons in 2022. In general, exports, however, recorded a significant decrease.
In value terms, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels skyrocketed to $47M in 2022. Over the period under review, exports, however, recorded a significant decline.
| Export of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 77.1 | 19.3 | 7.7 | 34.0 | -23.9% |
| Kuwait | N/A | N/A | N/A | 11.3 | 0% |
| Afghanistan | 59.9 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.5 | 0.3 | 1.3 | 22.9% |
| Total | 138 | 19.8 | 8.0 | 46.6 | -30.4% |
Top Export Markets for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel from Iran in 2022:
- Pakistan (74.2K tons)
- Kuwait (16.5K tons)
Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Iran
In 2022, the amount of ferrous waste and scrap; remelting scrap ingots of iron or steels imported into Iran dropped markedly to 1.6K tons, waning by -59.2% on the year before. Over the period under review, imports showed a sharp descent. The smallest decline of -36.4% was in 2020.
In value terms, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels contracted significantly to $285K in 2022. Overall, imports recorded a dramatic decrease. The smallest decline of -30.2% was in 2020.
| Import of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 1,227 | 633 | 406 | 162 | -49.1% |
| Azerbaijan | N/A | N/A | N/A | 74.2 | 0% |
| Turkey | N/A | N/A | 5.6 | 38.3 | 583.9% |
| Senegal | N/A | N/A | N/A | 10.9 | 0% |
| Armenia | 1,954 | 1,605 | 292 | N/A | -61.3% |
| Others | 151 | 89.2 | 57.0 | N/A | -38.6% |
| Total | 3,332 | 2,327 | 760 | 285 | -55.9% |
Top Suppliers of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel to Iran in 2022:
- Kazakhstan (910.8 tons)
- Azerbaijan (563.9 tons)
- Senegal (44.4 tons)
- Turkey (34.3 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Iran.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
334
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Iran.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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