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

July Trend: Paraguay Stainless steel scrap Export

Stainless steel scrap, classified under HS Code 720449 (Other waste and scrap of stainless steel), saw exports rebound in July with a 19.39% MoM increase in value to $1.71M USD, despite a 3.27% dip in unit price to $0.28/kg. Shipment volume surged 23.43% to 6.05M kg, recovering from June’s slower growth. The uptick follows May’s sharp 41.32% value jump and April’s steep 44.43% contraction, reflecting ongoing volatility in trade flows. Prices remain elevated, up 12% since January, though below March’s peak of $0.30/kg. No major policy shifts or disruptions were reported to explain the fluctuations.

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

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Geographic Concentration & Market Logic

India dominates Paraguay's stainless steel scrap exports, accounting for 47.7% of value but only 45.5% of weight—a slight Value-Volume Gap signaling premium demand for higher-grade material. Bolivia follows closely in volume (45.8% weight share) but trails in value (42.8%), acting as a bulk hub for raw or lower-spec scrap. Brazil’s minimal presence (9.4% value share) suggests niche trade flows. The supply chain is cost-optimized, with India absorbing premium volumes while Bolivia handles bulk logistics.

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 (6.05M tons) and value ($1.71M) in July 2025. The absence of unit price data suggests a bulk-driven market, where low-cost scrap trades on weight rather than premium quality. The lack of sub-code diversification indicates a singular focus on raw, unprocessed stainless steel scrap, typical of commodity exports. This confirms Paraguay’s role as a volume player in the global scrap trade, prioritizing scale over value-added processing. Expect stability in this pattern unless pricing or regulatory shifts disrupt the bulk-scrap dynamic.

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 July?

Exports rose 19.4% month-on-month to $1.71M, with shipment volume up 23.4% to 6.05M kg. Unit prices dipped 3.3% to $0.28/kg.

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

India ($815K), Bolivia ($731K), and Brazil ($161K) accounted for 99% of total export value.

What is the specific HS Code for this trade?

The data covers HS Code 720449.