Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Qatar - 2023

Contents:

1. Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Qatar (FOB) - 2023
2. Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Qatar (CIF) - 2022
3. Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Qatar
4. Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Qatar

Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Qatar (FOB) - 2023

In August 2023, the average export price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $1,095 per ton, falling by -14.7% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 55% m-o-m. As a result, the export price reached the peak level of $1,594 per ton. From February 2023 to August 2023, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From October 2022 to August 2023, the rate of growth in terms of prices for the United Arab Emirates amounted to +5.4% per month.

Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Qatar (CIF) - 2022

The average import price for ferrous waste and scrap; remelting scrap ingots of iron or steels stood at $589 per ton in 2022, with an increase of 24% against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 113% against the previous year. As a result, import price reached the peak level of $2,799 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,802 per ton), while the price for the United States totaled $491 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced a decline.

Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Qatar

In 2022, the amount of ferrous waste and scrap; remelting scrap ingots of iron or steels exported from Qatar fell to 6.6K tons, declining by -5.6% on the previous year's figure. Overall, exports recorded a pronounced decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 2.3%.

In value terms, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels contracted notably to $5.9M in 2022. Over the period under review, exports recorded a deep reduction. The growth pace was the most rapid in 2020 when exports increased by 36%. As a result, the exports attained the peak of $9.5M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel from Qatar in 2022:

1. India (4.5K tons)
2. United Arab Emirates (2.1K tons)

Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Qatar

In 2022, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels into Qatar surged to 690 tons, increasing by 37% compared with the previous year. Overall, imports, however, continue to indicate a sharp setback. The growth pace was the most rapid in 2021 when imports increased by 567% against the previous year.

In value terms, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels skyrocketed to $406K in 2022. In general, imports, however, continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 147%.

Top Suppliers of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel to Qatar in 2022:

1. United States (664.7 tons)
2. China (22.9 tons)