T3 · Product exporter position

China exports of Ferrous waste and scrap: of alloy steel (excluding stainless) (HS 720429)

See where China stands in ferrous waste and scrap: of alloy steel (excluding stainless): export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 720429Latest year 2024Rapid decline

Latest exports

$3.3MLatest observed lane total

Destination markets

50Reported active markets

Three-year growth

-13.3%Annualized change

Destination HHI

1,447Destination concentration

Weighted share

8.6%Reported market position

Exporter evidence

How strong is China in Ferrous waste and scrap: of alloy steel (excluding stainless)?

Reported exporter totals and calculated indicators for HS 720429. Values retain their observed coverage period.

Exporter scale

Latest exports$3.3M
Current 2024 exports$2.9M
Three-year average$3.8M
Historical peak$40.6M

Market position

Active destinations50
Destination HHI1,447
Weighted share8.6%
Share change+3.3 pp

Competitiveness

Three-year growth-13.3%
Volatility1.1
Maximum drawdown86%
TrendRapid decline
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$3.3MSum of latest observed destination-lane values
Current 2024 exports$2.9MCommon-year comparison where reported
Three-year growth-13.3%Annualized change in exporter totals
Five-year growth-10.3%Annualized change in exporter totals
Leading destinationJPNDestination with the largest observed export value
Leading destination share28.8%Share of observed exporter totals
Destination concentration1,447HHI across destination markets
Weighted share change+3.3 ppValue-weighted latest change in market share
Limited-history lanes36.2%Share of lanes with shorter history

Destination markets

Where does China sell ferrous waste and scrap: of alloy steel (excluding stainless)?

Leading destination observations ranked by reported export value, with market position and access context.

Destination observations are not available.

Price intelligence

How does China's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Tonga: $1.3M / ton.

Lowest reported price

Papua New Guinea: $0.9 / ton.

Median price

$621.0 / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 720429 where available.

YearExportsYear-on-year changeActive destinations
2010$2.7M-10.4%37
2011$6.4M+137.9%42
2012$4.3M-33.5%53
2013$4.0M-7.4%53
2014$6.0M+50.9%55
2015$4.7M-21.6%52
2016$3.3M-29.2%57
2017$15.7M+372.5%55
2018$5.3M-66.4%58
2019$5.0M-5.2%53
2020$4.2M-15.3%54
2021$4.4M+5.1%56
2022$3.3M-25.7%50
2023$5.1M+55.6%54
2024$2.9M-43.6%50

Exporter context

China economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 720429.

China has reported exports of $3.5T and a trade balance of $1.2T in 2024.

Available structural indicators include 34.6% trade openness, 44.5% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about China ferrous waste and scrap: of alloy steel (excluding stainless) exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.