2025 Jun Paraguay Stainless steel scrap (HS 720449) Export Snapshot: Volumes Rise

June Trend: Paraguay Stainless steel scrap Export

Stainless steel scrap, classified under HS Code 720449 (Other waste and scrap of stainless steel), saw exports rise in June, with volume up 5.35% MoM to 4.90M kg and value increasing 9.08% to $1.43M USD. Unit prices edged up 3.54% to $0.29/kg, continuing a volatile trend after May’s 5.73% drop. The rebound follows April’s sharp contraction in both volume (-47.67%) and value (-44.43%), though June’s figures remain below February’s peak of 8.11M kg. No major trade policies or disruptions influenced the month’s performance.

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 72% of value versus 71% of weight, indicating a balanced trade structure where volume and value align closely—suggesting India serves as both a bulk hub and a premium market for standardized scrap grades. Bolivia, the second-largest destination, shows a slight value discount (23% value vs. 25% weight), hinting at lower-grade or less-processed material flows. The absence of extreme gaps (e.g., Thailand’s higher value-to-weight ratio is an outlier) implies Paraguay’s export strategy prioritizes consistent, mid-tier scrap rather than niche high-value segments. Key takeaway: The trade is volume-driven but avoids commoditization, with India absorbing the bulk as a dual-purpose destination.

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 HS Code 720449 exports at 100% share by weight (4.90M tons), confirming a bulk-volume market for low-cost stainless steel scrap. The absence of unit price data suggests commoditized trade, where volume—not premium quality—drives Paraguay’s export strategy. This aligns with global scrap metal trends, where emerging markets like Paraguay prioritize high-quantity, low-margin transactions. The lack of sub-code diversity underscores a singular focus on unsorted scrap, typical for price-sensitive buyers. Expect this pattern to persist unless premium scrap demand reshapes Paraguay HS Code 720449 export dynamics.

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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 June?

Paraguay's stainless steel scrap exports rose 9.08% month-on-month to $1.43M in June, with volumes up 5.35% to 4.90M kg. Unit prices increased 3.54% to $0.29/kg.

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

India ($1.03M), Bolivia ($323.06K), and Spain ($44.30K) were the top destinations.

Who are the major Stainless steel scrap Buyers?

Fortune Metals Inc ($32.62K) was the only identified buyer in June.

What is the specific HS Code for this trade?

The data covers HS Code 720449.