Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Poland - 2024

Contents:

  1. Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Poland (FOB) - 2022
  2. Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Poland (CIF) - 2024
  3. Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Poland
  4. Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Poland

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

The average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $676 per ton in 2022, picking up by 9.4% against the previous year. In general, the export price saw a moderate expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 94%. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($2,304 per ton), while the average price for exports to Lithuania ($471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Poland (CIF) - 2024

The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $480 per ton in January 2024, growing by 31% against the previous month. Overall, the import price saw a perceptible expansion. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 74% m-o-m. As a result, import price attained the peak level of $787 per ton. From July 2023 to January 2024, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Ukraine.

From January 2023 to January 2024, the rate of growth in terms of prices for Germany amounted to +4.8% per month.

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

In 2022, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s from Poland contracted to 251K tons, dropping by -14.8% against the year before. Overall, exports recorded a pronounced shrinkage. The growth pace was the most rapid in 2021 when exports increased by 18%. As a result, the exports reached the peak of 294K tons, and then reduced in the following year.

In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s dropped to $170M in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 127%. As a result, the exports reached the peak of $180M, and then declined in the following year.

Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic45.343.982.570.515.9%
Germany25.822.055.434.910.6%
FinlandN/AN/A22.919.1-16.6%
TurkeyN/AN/AN/A12.60%
Italy3.53.37.011.146.9%
Austria2.42.23.56.539.4%
India5.03.12.84.9-0.7%
LithuaniaN/AN/A1.54.6206.7%
Others10.84.64.15.5-20.1%
Total92.979.118017022.3%

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

  1. Czech Republic (142.2K tons)
  2. Germany (41.8K tons)
  3. Turkey (13.5K tons)
  4. Italy (11.4K tons)
  5. Austria (10.3K tons)
  6. Lithuania (9.8K tons)
  7. Finland (8.3K tons)
  8. India (6.6K tons)

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

Imports of ferrous waste and scrap; of alloy steel (excluding stainless)s into Poland expanded significantly to 186K tons in 2022, with an increase of 5.6% compared with 2021 figures. The total import volume increased at an average annual rate of +12.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 43%. As a result, imports reached the peak of 187K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s soared to $81M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia8.917.130.431.752.7%
Czech Republic17.819.822.221.15.8%
Hungary1.92.69.613.592.2%
Lithuania0.20.10.77.0227.1%
Germany1.60.82.73.428.6%
Others0.91.83.64.368.4%
Total31.342.269.280.937.2%

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

  1. Slovakia (78.4K tons)
  2. Czech Republic (53.6K tons)
  3. Hungary (32.8K tons)
  4. Germany (9.5K tons)
  5. Lithuania (6.7K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Ferrous waste and scrap; of alloy steel (excluding stainless) - Poland