Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Slovenia - 2023
Contents:
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Slovenia (CIF) - 2023
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Slovenia (FOB) - 2023
- Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Slovenia
- Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Slovenia
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Slovenia (CIF) - 2023
The average import price for ferrous waste and scrap; remelting scrap ingots of iron or steels stood at $372 per ton in August 2023, shrinking by -22.5% against the previous month. Over the period under review, the import price showed a mild contraction. The most prominent rate of growth was recorded in March 2023 an increase of 11% month-to-month. Over the period under review, average import prices attained the peak figure at $615 per ton in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($1,928 per ton), while the price for Bosnia and Herzegovina ($397 per ton) was amongst the lowest.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Slovenia (FOB) - 2023
The average export price for ferrous waste and scrap; remelting scrap ingots of iron or steels stood at $298 per ton in August 2023, remaining relatively unchanged against the previous month. Over the period under review, the export price, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in April 2023 an increase of 8.4% month-to-month. As a result, the export price reached the peak level of $443 per ton. From May 2023 to August 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Pakistan.
From October 2022 to August 2023, the rate of growth in terms of prices for Turkey amounted to +1.3% per month.
Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Slovenia
In 2022, the amount of ferrous waste and scrap; remelting scrap ingots of iron or steels imported into Slovenia fell slightly to 654K tons, approximately mirroring the year before. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, imports reached the peak of 662K tons, and then shrank slightly in the following year.
In value terms, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels totaled $416M in 2022. Overall, imports, however, showed a resilient increase. The growth pace was the most rapid in 2021 with an increase of 97% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 108 | 81.5 | 145 | 141 | 9.3% |
| Hungary | 38.0 | 25.4 | 54.6 | 56.0 | 13.8% |
| Austria | 22.1 | 26.2 | 60.5 | 51.2 | 32.3% |
| Italy | 13.6 | 12.8 | 34.9 | 51.0 | 55.4% |
| Croatia | 20.6 | 18.7 | 32.1 | 32.7 | 16.7% |
| Czech Republic | 16.2 | 18.9 | 22.2 | 23.9 | 13.8% |
| Slovakia | 8.2 | 9.0 | 21.3 | 23.7 | 42.4% |
| Bosnia and Herzegovina | 11.6 | 10.8 | 30.6 | 18.4 | 16.6% |
| Others | 3.4 | 5.6 | 10.7 | 17.4 | 72.3% |
| Total | 242 | 209 | 412 | 416 | 19.8% |
Top Suppliers of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel to Slovenia in 2022:
- Hungary (138.2K tons)
- Italy (112.8K tons)
- Austria (105.2K tons)
- Croatia (74.2K tons)
- Germany (67.3K tons)
- Czech Republic (46.4K tons)
- Slovakia (45.2K tons)
- Bosnia and Herzegovina (37.3K tons)
Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Slovenia
In 2022, approx. 600K tons of ferrous waste and scrap; remelting scrap ingots of iron or steels were exported from Slovenia; surging by 6.2% on 2021 figures. The total export volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels declined modestly to $255M in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 108%. As a result, the exports reached the peak of $257M, leveling off in the following year.
| Export of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 123 | 105 | 213 | 206 | 18.8% |
| Turkey | 1.0 | 9.1 | 19.9 | 27.9 | 203.3% |
| Croatia | 4.3 | 3.6 | 10.8 | 11.1 | 37.2% |
| Others | 6.9 | 5.3 | 12.7 | 10.1 | 13.5% |
| Total | 135 | 123 | 257 | 255 | 23.6% |
Top Export Markets for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel from Slovenia in 2022:
- Italy (485.9K tons)
- Turkey (75.0K tons)
- Croatia (26.7K tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Slovenia.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
118
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Slovenia.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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