2025 Mar Paraguay Stainless steel scrap (HS720449) Export Snapshot: Vol Dip
March Trend: Paraguay Stainless steel scrap Export
Stainless steel scrap, classified under HS Code 720449 (Waste and scrap of stainless steel), saw mixed trade dynamics in March. Unit prices rose 6.8% month-on-month to $0.28/kg, but export value dropped sharply by 21.9% to $1.67M as shipment volumes contracted 26.8% to 5.93M kg. The decline in volume and value reversed February’s gains, signaling potential demand volatility or supply constraints. No major trade policies or external disruptions were reported to explain the shift. Paraguay’s scrap exports remain sensitive to global metal market fluctuations.
Table: Paraguay Stainless Steel Scrap Export Trend (Source: yTrade)
| Date | Value | Weight | Unit Price | Value MoM | Weight MoM | Unit Price MoM |
|---|---|---|---|---|---|---|
| 2025-01-01 | 1.76M USD | 7.17M kg | $0.25/kg | N/A | N/A | N/A |
| 2025-02-01 | 2.14M USD | 8.11M kg | $0.26/kg | +21.55% | +13.06% | +7.51% |
| 2025-03-01 | 1.67M USD | 5.93M kg | $0.28/kg | -21.87% | -26.84% | +6.80% |
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Geographic Concentration & Market Logic
Bolivia dominates Paraguay's stainless steel scrap exports, accounting for 70.85% of value and 73.63% of weight, revealing a bulk hub dynamic where volume and value align closely—indicating raw material flows with minimal premium differentiation. The Netherlands, despite negligible weight share (0.43%), commands a higher value ratio (1.90%), hinting at niche demand for processed grades. This structure suggests Paraguay’s trade is cost-driven, prioritizing mass shipments to neighboring markets over high-margin specialization. The absence of domestic loops (e.g., Paraguay-to-Paraguay) confirms exports are purely outward-bound. Strategic focus remains on regional volume efficiency, not premium segmentation.
Table: Paraguay Stainless Steel Scrap (HS Code 720449) Top Destination Countries (Source: yTrade)
| Destination Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| BOLIVIA | 1.18M | 4.37M | 32.00 | 4.37M |
| BRAZIL | 232.50K | 750.00K | 1.00 | 750.00K |
| INDIA | 222.49K | 789.50K | 6.00 | 789.50K |
| NETHERLANDS | 31.72K | 25.38K | 1.00 | 25.38K |
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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 and value in March 2025. The absence of unit pricing suggests a bulk-driven market, where low-cost scrap is prioritized over premium grades. With 5.93M tons shipped, this sub-code’s monopoly reflects Paraguay’s role as a volume-focused exporter in stainless steel scrap. The remaining sub-codes are negligible, reinforcing a commodity trade reliant on scale, not specialization. Expect pricing pressure to dictate future flows.
Paraguay Stainless Steel Scrap Buyers List
Table: Paraguay Stainless Steel Scrap (HS Code 720449) Top Buyers List (Source: yTrade)
| Buyer Company | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| QINGHONG XU | 33.75K | 135.00K | 1.00 | 135.00K |
| JEWOMETAAL STAINLESS PROCESSING, B.V | 31.72K | 25.38K | 1.00 | 25.38K |
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Frequently Asked Questions
How did Paraguay Stainless steel scrap Export perform in March?
Paraguay's stainless steel scrap exports dropped 21.87% month-on-month to $1.67M in March, with volumes falling 26.84% to 5.93M kg. Unit prices rose 6.8% to $0.28/kg.
What are the top Export partners for Paraguay Stainless steel scrap?
Bolivia ($1.18M), Brazil ($232.5K), and India ($222.49K) were the top destinations.
Who are the major Stainless steel scrap Buyers?
The buyer landscape is fragmented, with Qinghong Xu ($33.75K) and Jewometaal Stainless Processing B.V. ($31.72K) leading March shipments.
What is the specific HS Code for this trade?
The data covers HS Code 720449.
2025 Jun Paraguay Stainless steel scrap (HS 720449) Export Snapshot: Volumes Rise
Paraguay's Stainless steel scrap exports (HS Code 720449) rose 9.08% to $1.43M in June, with India as top buyer. Track trends on yTrade.
2025 Q1 Paraguay Stainless steel scrap (HS720449) Export Snapshot: Price Surge
Paraguay's Stainless steel scrap Export (HS Code 720449) saw a price surge in Q1 2025, with unit prices rising consistently. Track trends on yTrade.
