India Aluminium Scrap HS7602 Import Data 2025 January Overview

India Aluminium Scrap (HS 7602) 2025 January Import: Key Takeaways

India’s January 2025 Aluminium scrap (HS Code 7602) import market is sharply divided by quality, with the US, UK, and Germany supplying premium-grade material while Gulf and Southeast Asian partners dominate bulk, lower-grade shipments. The market shows a clear dual-sourcing strategy, balancing high-value inputs for quality production with cost-effective bulk supply. This analysis, covering January 2025, is based on cleanly processed Customs data from the yTrade database.

India Aluminium Scrap (HS 7602) 2025 January Import Background

What is HS Code 7602?

HS Code 7602 refers to aluminium waste and scrap, a critical raw material for India's secondary aluminium industry. It is widely used in manufacturing sectors like automotive, construction, and packaging due to its cost-effectiveness and recyclability. Global demand remains stable, driven by sustainability trends and the need for energy-efficient production processes.

Current Context and Strategic Position

India's aluminium scrap imports under HS Code 7602 face evolving policy dynamics, with industry calls to align duties on scrap with primary aluminium [Energy Economic Times]. As of January 2025, India's reliance on imported scrap highlights its strategic role in meeting domestic production gaps, particularly amid rising industrial demand. Vigilance is essential to navigate potential duty adjustments and supply chain shifts in this key trade flow.

India Aluminium Scrap (HS 7602) 2025 January Import: Trend Summary

Key Observations

In January 2025, India's imports of Aluminium scrap under HS Code 7602 recorded a value of $517.34 million, though volume data was not available for this period. This initial figure sets a baseline for the year's trade activity in this sector.

Price and Volume Dynamics

Without specific historical data for direct QoQ or YoY comparisons, the aluminium scrap industry's typical cycles provide context. Imports often rise in Q1 due to seasonal demand from construction and manufacturing sectors rebounding after year-end slowdowns. Regional trends, such as a reported 70.6% YoY increase in Vietnamese aluminium scrap imports in January [Fastmarkets], suggest potential parallel growth in India, driven by industrial replenishment and recycling needs.

External Context and Outlook

External factors heavily influence this market. Policy discussions around customs duty adjustments are ongoing, with industry calls to increase the duty on aluminium scrap imports to 10% (Economic Times), which could elevate costs and affect future import volumes. Additionally, strong regional demand and price volatility, as noted in Southeast Asian trends (Fastmarkets), may continue to shape India's import strategy for Aluminium scrap HS Code 7602 in 2025, emphasizing the need to monitor regulatory changes and global supply dynamics.

India Aluminium Scrap (HS 7602) 2025 January Import: HS Code Breakdown

Product Specialization and Concentration

According to yTrade data, the import of India Aluminium scrap under HS Code 7602 in January 2025 is almost entirely concentrated in sub-code 76020010 for aluminium waste and scrap, which captures nearly all import value and quantity. The estimated unit price is approximately 7.94 USD per kg, confirming it as a bulk commodity. A minor sub-code, 76020090, shows an extremely high unit price and minimal share, indicating a potential anomaly isolated from the main analysis.

Value-Chain Structure and Grade Analysis

The non-anomalous imports are dominated by a single category of standard aluminium scrap under HS code 76020010, reflecting a market structure centered on fungible bulk commodities. This implies that trade is driven by volume and price indices, with little differentiation in value-add stages or specialized grades. The homogeneity suggests that aluminium scrap imports are primarily raw material inputs for recycling or production.

Strategic Implication and Pricing Power

For importers, the bulk commodity nature means low pricing power, with costs tied to global market fluctuations. The current duty structure, including a 2.5% basic customs duty as noted by [Cybex], supports cost efficiency, but potential increases could raise expenses. Strategic focus should be on supply chain optimization and monitoring policy changes to mitigate risks.

Check Detailed HS 7602 Breakdown

India Aluminium Scrap (HS 7602) 2025 January Import: Market Concentration

Geographic Concentration and Dominant Role

India's January 2025 Aluminium scrap (HS Code 7602) import market is led by the United States, which holds an 18.12% value share but only a 13.90% quantity share, indicating it supplies higher-grade, more valuable scrap. This value-to-quantity disparity points to a market sourcing both premium and bulk material grades.

Partner Countries Clusters and Underlying Causes

The top partners form two clear groups. The first includes the US, UK, Australia, and Germany, which all have value shares exceeding their quantity shares; they likely supply cleaner, more processed scrap for high-quality alloy production. The second group, containing Saudi Arabia, the UAE, Malaysia, and the Netherlands, shows the opposite pattern; they are major bulk suppliers of lower-grade material, likely driven by abundant industrial waste and geographic shipping advantages.

Forward Strategy and Supply Chain Implications

Buyers should dual-source: using premium US/UK scrap for quality-sensitive production and bulk Gulf material for standard applications. [Fastmarkets] notes rising regional scrap trade, making Southeast Asian suppliers like Malaysia and Singapore increasingly important for cost-effective sourcing. The industry has also pushed for duty changes on raw materials (Economic Times), so importers must stay agile to potential policy shifts affecting scrap costs and availability.

Table: India Aluminium Scrap (HS 7602) Top Partner Countries (Source: yTrade)

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India Aluminium Scrap (HS 7602) 2025 January Import: Action Plan for Aluminium Scrap Market Expansion

Strategic Supply Chain Overview

India Aluminium scrap Import 2025 January under HS Code 7602 is a bulk commodity market. Price is driven by global scrap indices and material grade. The US and UK supply higher-value scrap. Bulk, lower-grade material comes from the Gulf and Southeast Asia. Supply chain implications focus on secure, cost-effective sourcing. The market depends on a few high-volume buyers. This creates vulnerability to demand shifts or policy changes.

Action Plan: Data-Driven Steps for Aluminium scrap Market Execution

• Use buyer frequency data to manage inventory cycles. This prevents overstock and aligns purchases with actual consumption rates.
• Dual-source using geographic trade data. Partner with US/UK suppliers for quality needs and Gulf/Asian sources for cost efficiency. This balances grade requirements and cost control.
• Analyze top buyer purchase patterns for contract timing. Target large, infrequent buyers when they are likely to procure. This captures high-value bulk orders.
• Monitor policy announcements and shipping data for duty changes. This allows quick cost adjustment to new import regulations, protecting margins.

Take Action Now —— Explore India Aluminium scrap Import Data

Frequently Asked Questions

Q1. What is driving the recent changes in India Aluminium scrap Import 2025 January?

India's aluminium scrap imports in January 2025 are influenced by seasonal demand from construction and manufacturing sectors, alongside potential regulatory shifts like customs duty adjustments. The market also mirrors regional trends, such as rising scrap trade in Southeast Asia.

Q2. Who are the main partner countries in this India Aluminium scrap Import 2025 January?

The United States leads with an 18.12% value share, followed by the UK, Australia, and Germany, which supply higher-grade scrap. Bulk lower-grade material comes from Saudi Arabia, the UAE, and Malaysia.

Q3. Why does the unit price differ across India Aluminium scrap Import 2025 January partner countries?

Price differences stem from grade specialization: the US and UK supply premium scrap (higher value per kg), while Gulf countries like Saudi Arabia provide bulk, lower-grade material at lower unit prices.

Q4. What should importers in India focus on when buying Aluminium scrap?

Importers should prioritize relationships with high-volume, frequent buyers (62.63% of market value) and dual-source—premium scrap from the US/UK for quality needs and bulk material from Gulf partners for cost efficiency.

Q5. What does this India Aluminium scrap import pattern mean for overseas suppliers?

Suppliers of premium scrap (e.g., US, UK) can leverage India's demand for high-grade material, while bulk exporters (e.g., UAE, Malaysia) benefit from steady demand for cost-effective inputs. Both must monitor potential duty changes.

Q6. How is Aluminium scrap typically used in this trade flow?

Imported aluminium scrap is primarily a raw material for recycling or production, feeding India's industrial demand for bulk commodities with little differentiation in value-add stages.