Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in the Netherlands - 2024
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in the Netherlands (CIF) - 2024
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in the Netherlands (FOB) - 2024
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in the Netherlands
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in the Netherlands
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in the Netherlands (CIF) - 2024
The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $839 per ton in January 2024, standing approximately at the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 15% m-o-m. The import price peaked at $857 per ton in August 2023; however, from September 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Kazakhstan ($1,566 per ton), while the price for Iceland ($245 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Kazakhstan (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in the Netherlands (FOB) - 2024
The average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $940 per ton in January 2024, increasing by 138% against the previous month. Overall, the export price posted a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In January 2024, the country with the highest price was Thailand ($1,124 per ton), while the average price for exports to Taiwan (Chinese) amounted to $819 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in the Netherlands
In 2022, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s into the Netherlands reached 154K tons, growing by 1.9% against 2021. The total import volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 22%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s expanded rapidly to $129M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.6 | 28.0 | 51.1 | 53.4 | 24.6% |
| Belgium | 22.9 | 24.2 | 26.0 | 23.6 | 1.0% |
| France | 12.9 | 9.3 | 17.2 | 17.9 | 11.5% |
| Taiwan (Chinese) | 3.6 | 4.0 | 3.8 | 9.4 | 37.7% |
| Italy | N/A | 0.1 | 2.1 | 4.7 | 585.6% |
| United Kingdom | 1.5 | 1.8 | 1.2 | 2.4 | 17.0% |
| Iceland | 0.8 | 0.6 | 1.8 | 1.1 | 11.2% |
| Others | 8.5 | 9.8 | 17.6 | 16.6 | 25.0% |
| Total | 77.8 | 77.8 | 121 | 129 | 18.4% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to the Netherlands in 2022:
- Germany (80.2K tons)
- Belgium (25.4K tons)
- France (17.5K tons)
- Italy (6.7K tons)
- Taiwan (Chinese) (6.5K tons)
- Iceland (2.2K tons)
- United Kingdom (1.9K tons)
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in the Netherlands
In 2022, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s from the Netherlands skyrocketed to 177K tons, surging by 35% on 2021. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 44%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s soared to $84M in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 52%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 9.2 | 17.7 | 28.4 | 31.3 | 50.4% |
| Germany | 10.6 | 10.8 | 22.0 | 25.6 | 34.2% |
| Thailand | N/A | N/A | 1.9 | 12.1 | 536.8% |
| Pakistan | 5.7 | 5.1 | 10.6 | 5.9 | 1.2% |
| India | 6.4 | 3.2 | 2.6 | 4.6 | -10.4% |
| Others | 5.4 | 9.7 | 5.2 | 4.9 | -3.2% |
| Total | 37.4 | 46.5 | 70.8 | 84.4 | 31.2% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from the Netherlands in 2022:
- Belgium (103.3K tons)
- Germany (41.1K tons)
- Thailand (11.1K tons)
- India (7.3K tons)
- Pakistan (5.4K tons)
397
This report provides an in-depth analysis of the market for metal remelting scrap ingots in the Netherlands.
694
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
397
This report provides an in-depth analysis of the market for metal remelting scrap ingots in the Netherlands.
694
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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