Czech Republic: Ferrous Scrap Exports Hit 1 Year High in Oct’18

Scrap imports from Germany increased 12% while that from Poland and Austria by 83% and 61% in Oct’18.

Czech Republic – one of the major scrap exporters among Eu-28 witnessed a considerable rise in scrap exports in Oct’18. As per recent customs data, Czech Republic exported 201,194 MT ferrous scrap in Oct’18, up 25% M-o-M as against 160,719 MT in Sept’18.

Notably, ferrous scrap exports from the Czech Republic in October hit 1 year high as earlier to this the highest exports were recorded at 205,330 MT in Oct’17. Also, on yearly premises, scrap exports declined marginally by 2% Y-o-Y as against 205,330 MT ferrous scrap in Oct’17.

Country’s scrap exports increased in Oct’18 after observing stability successively for earlier 3 months ahead of the seasonal slowdown towards year-end.

Germany remained the largest importer in Oct’18 – Germany remained the largest importer occupying highest 43% share (87,342 MT, up 12% M-o-M) in total scrap exports in Oct’18. Followed by other major importers like Poland (48,179 MT, +83% M-o-M), Italy (36,677 MT, +5% M-o-M), Austria (14,718 MT, +61% M-o-M) and Slovakia (11,943 MT, +12% M-o-M) occupying 24%, 18%, 7% and 6% share respectively in Oct’18.

Country’s total finish steel long exports increased 5% M-o-M to 165,105 MT in Oct’18. On the other hand, finish flat imports rose by 14% M-o-M to 362,313 MT in Oct’18. As per WSA, crude steel production recorded at 390,309 MT in Nov’18 as against 375,496 MT in Oct’18.

Scrap exports marginally up during Jan-Oct’18 – Czech Republic exported 1,783,119 MT ferrous scrap during Jan-Oct’18 witnessing almost stability as against 1,769,127 MT during the same period last year. The country produced 4.53 MnT crude steel during Jan-Nov’18, up 9% as against 4.17 MnT crude steel produced during the same period last year.

The Czech Republic is the 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 Oct’18 Sept’18 % Change M-o-M Oct’17 Jan-Oct’18 Jan-Oct’17 % Change Y-o-Y
Germany 0.09 0.08 12.50% 0.09 0.78 0.74 5.41%
Poland 0.05 0.03 66.67% 0.05 0.38 0.44 -13.64%
Italy 0.04 0.04 0.00% 0.03 0.31 0.24 29.17%
Austria 0.01 0.01 0.00% 0.02 0.14 0.10 40.00%
Slovakia 0.01 0.01 0.00% 0.01 0.14 0.21 -33.33%
Others 0.00 0.00 _ 0.01 0.03 0.04 -25.00%
Total 0.20 0.16 25.00% 0.21 1.78 1.77 0.56%

Quantity in MnT,
Source: SteelMint Stats


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