2025 Feb Paraguay Stainless steel scrap (HS 720449) Export Snapshot: Volume Surge

February Trend: Paraguay Stainless steel scrap Export

Stainless steel scrap, classified under HS Code 720449 (Waste and scrap of stainless steel), saw export volumes rise 13.06% MoM to 8.11M kg in February, with value climbing 21.55% to $2.14M USD. The unit price increased 7.51% to $0.26/kg, reflecting stronger demand. This uptick precedes the U.S. aluminum tariff hike to 25% effective March 12, which could disrupt global scrap trade flows.

Table: Paraguay Stainless Steel Scrap Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

Bolivia dominates Paraguay's stainless steel scrap exports, accounting for 76% of value and 79% of weight, indicating a bulk hub dynamic where volume outweighs premium pricing—suggesting Bolivia processes raw scrap into lower-value intermediates. India, with a 24% value share but only 21% weight share, shows marginally higher value density, hinting at selective demand for specific grades. The tight alignment of weight and value ratios across both markets reveals a cost-driven supply chain, prioritizing mass logistics over niche specifications. This structure implies Paraguay’s exports are optimized for high-volume, low-margin flows rather than premium segmentation.

Table: Paraguay Stainless Steel Scrap (HS Code 720449) Top Destination Countries (Source: yTrade)

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Paraguay HS Code 720449 Breakdown & Value Logic

yTrade data reveals 72044900 (Ferrous waste and scrap; n.e.c.) dominates Paraguay's HS Code 720449 Export, capturing 100% of volume (8.11M tons) and value ($2.14M) in February 2025—no other sub-codes register. The absence of unit price data suggests a bulk-driven market, where low-cost scrap volume outweighs premium differentiation. This aligns with Paraguay’s role as a commodity exporter, prioritizing raw material throughput over processed value. Expect stability in this high-volume, low-margin niche unless pricing shifts emerge.

Paraguay Stainless Steel Scrap Buyers List

Table: Paraguay Stainless Steel Scrap (HS Code 720449) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Paraguay Stainless steel scrap Export perform in February?

Exports rose 21.55% month-on-month to $2.14M, with volumes up 13.06% to 8.11M kg. Unit prices increased 7.51% to $0.26/kg.

What are the top Export partners for Paraguay Stainless steel scrap?

Bolivia ($1.62M), India ($513.39K), and third country dominated shipments.

Who are the major Stainless steel scrap Buyers?

Qinghong Xu ($127.17K) and Canal Internacional S.A ($32.66K) led purchases, indicating a fragmented buyer landscape.

What is the specific HS Code for this trade?

The data covers HS Code 720449.