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

Contents:

  1. Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Argentina (CIF) - 2022
  2. Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Argentina

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

In 2022, the average import price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $539 per ton, remaining constant against the previous year. Overall, the import price, however, posted a slight increase. The pace of growth was the most pronounced in 2013 an increase of 131%. As a result, import price reached the peak level of $1,121 per ton. From 2014 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 Germany ($2,219 per ton), while the price for Paraguay amounted to $405 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+6.6%).

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

In 2022, the amount of ferrous waste and scrap; remelting scrap ingots of iron or steels imported into Argentina soared to 12K tons, growing by 77% compared with the year before. Over the period under review, imports posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 427% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels surged to $6.7M in 2022. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 232% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay1,6581152,0934,65341.1%
Germany1,2085841,0481,035-5.0%
Brazil3641693444618.2%
Mexico15412917324917.4%
Others18915014925210.1%
Total3,5741,1473,8076,65023.0%

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

  1. Paraguay (11.5K tons)
  2. Germany (0.5K tons)
  3. Brazil (0.2K tons)
  4. Mexico (0.1K tons)
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