Czech Republic: Ferrous Scrap Exports Drop 15% in Q3’CY18

Czech Republic – one of the major scrap exporters among Eu-28 witnessed a considerable fall in scrap exports in Q3’CY18 as against Q2’CY18. As per recent customs data, Czech Republic exported 485,885 MT ferrous scrap during Q3’CY18, down 15% Q-o-Q as against 568,992 MT ferrous scrap in Q2’CY18. On the other hand, exports declined marginally by 4% Y-o-Y in Q3’CY18 as against 504,261 MT during Q3’CY17.

Ferrous scrap exports stable, finish long exports up 10% in Sept’18 – Czech Republic witnessed stability in scrap exports on a monthly basis. The country exported 160,719 MT ferrous scrap in Sept’18 as against 162,184 MT in Aug’18. On yearly premises, scrap exports declined by 14% Y-o-Y as against 186,197 MT ferrous scrap recorded in Sept’17. Notably, the country observed stability in scrap exports successively since last 3 months.

Country’s finish steel long exports increased 10% M-o-M to 156,987 MT in Sept’18. Rise in crude steel production and steady scrap exports could have resulted increased finish steel exports while it observed fall in finish flat imports by 6% M-o-M to 319,086 MT in Sept’18.

Germany remained the largest importer in Sept’18 – Germany remained largest importer occupying highest 48% share (77,772 MT, stable M-o-M) in total scrap exports in Sept’18. Followed by other major importers like Italy (35,059 MT, +18% M-o-M), Poland (26,341 MT), Slovakia (10,710 MT) and Austria (9,154 MT) witnessing almost stable imports in Sept’18.

Czech Republic’s scrap exports down during Jan-Sept’18 – Czech Republic exported 1,581,925 MT ferrous scrap during Jan-Sept’18 witnessing stability as against 1,563,797 MT during the same period last year. The country produced 4.14 MnT crude steel during Jan-Oct’18, up 8% as compared to 3.83 MnT crude steel produced same period last year.

Czech Republic is world’s 20th largest steel importer with around 7 MnT imports recorded in 2017. Largest steel producer ArcelorMittal Ostrava followed by Trinecke Zelezarny, Vitkovice Steel, ZDB Dratovna are majorly based in the Moravian region of the country.

Country-wise Czech Republic ferrous scrap exports –

Country Q3’CY18 Q2’CY18 %  Q-o-Q Change Sept’18 Sept’17 Jan-Sept’18 Jan-Sept’17 % Y-o-Y Change
Germany 0.23 0.25 -8.00% 0.08 0.08 0.69 0.65 6.15%
Poland 0.09 0.12 -25.00% 0.03 0.05 0.33 0.39 -15.38%
Italy 0.1 0.10 0.00% 0.04 0.02 0.28 0.21 33.33%
Slovakia 0.03 0.05 -40.00% 0.01 0.01 0.13 0.08 62.50%
Austria 0.03 0.05 -40.00% 0.01 0.02 0.13 0.19 -31.58%
Others 0 0.00 _ 0.00 0.01 0.02 0.03 33.33%
Total 0.48 0.57 -15.79% 0.16 0.19 1.58 1.55 1.94%

Quantity in MnT,
Source: SteelMint Stats


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