T3 · Product exporter position

USA, Puerto Rico and US Virgin Islands exports of Ferrous waste and scrap: of alloy steel (excluding stainless) (HS 720429)

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

Exporter USAHS6 720429Latest year 2024Declining

Latest exports

$326.7MLatest observed lane total

Destination markets

54Reported active markets

Three-year growth

-9.9%Annualized change

Destination HHI

1,384Destination concentration

Weighted share

47.9%Reported market position

Exporter evidence

How strong is USA, Puerto Rico and US Virgin Islands 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$326.7M
Current 2024 exports$308.7M
Three-year average$347.7M
Historical peak$1.7B

Market position

Active destinations54
Destination HHI1,384
Weighted share47.9%
Share change-4.6 pp

Competitiveness

Three-year growth-9.9%
Volatility1.2
Maximum drawdown95.9%
TrendDeclining
MeasureValueWhat it describes
ExporterUSA, Puerto Rico and US Virgin IslandsCountry represented by this profile
Latest observed exports$326.7MSum of latest observed destination-lane values
Current 2024 exports$308.7MCommon-year comparison where reported
Three-year growth-9.9%Annualized change in exporter totals
Five-year growth+3.9%Annualized change in exporter totals
Leading destinationMEXDestination with the largest observed export value
Leading destination share24.2%Share of observed exporter totals
Destination concentration1,384HHI across destination markets
Weighted share change-4.6 ppValue-weighted latest change in market share
Limited-history lanes41.6%Share of lanes with shorter history

Destination markets

Where does USA, Puerto Rico and US Virgin Islands sell ferrous waste and scrap: of alloy steel (excluding stainless)?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
Mexico$79.1M57.7%-3.3%FTA reportedGrowing
India$50.0M27.8%+20%0.5% tariffGrowing
Thailand$49.8M43.6%+21.9%0.3% tariffAccelerating
Malaysia$49.3M62.3%-20.2%0.1% tariffGrowing
Canada$24.6M94.1%-15.9%FTA reportedStable
China$12.8M13.7%-9.7%0.3% tariffStable
Taiwan$8.6M30.2%+26.8%Not reportedGrowing
Finland$7.9M41.9%+26.6%0.1% tariffGrowing
Pakistan$7.5M5.3%-11.3%0.4% tariffAccelerating
Belgium$3.8M4.5%-10%0.1% tariffGrowing

Destination

Mexico

Latest exports
$79.1M
Market share
57.7%
Growth
-3.3%
Access
FTA reported
Signal
Growing

Destination

India

Latest exports
$50.0M
Market share
27.8%
Growth
+20%
Access
0.5% tariff
Signal
Growing

Destination

Thailand

Latest exports
$49.8M
Market share
43.6%
Growth
+21.9%
Access
0.3% tariff
Signal
Accelerating

Destination

Malaysia

Latest exports
$49.3M
Market share
62.3%
Growth
-20.2%
Access
0.1% tariff
Signal
Growing

Destination

Canada

Latest exports
$24.6M
Market share
94.1%
Growth
-15.9%
Access
FTA reported
Signal
Stable

Destination

China

Latest exports
$12.8M
Market share
13.7%
Growth
-9.7%
Access
0.3% tariff
Signal
Stable

Destination

Taiwan

Latest exports
$8.6M
Market share
30.2%
Growth
+26.8%
Access
Not reported
Signal
Growing

Destination

Finland

Latest exports
$7.9M
Market share
41.9%
Growth
+26.6%
Access
0.1% tariff
Signal
Growing

Destination

Pakistan

Latest exports
$7.5M
Market share
5.3%
Growth
-11.3%
Access
0.4% tariff
Signal
Accelerating

Destination

Belgium

Latest exports
$3.8M
Market share
4.5%
Growth
-10%
Access
0.1% tariff
Signal
Growing

Price intelligence

How does USA, Puerto Rico and US Virgin Islands'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

Guatemala: $308.0K / ton.

Lowest reported price

Canada: $21.0 / ton.

Median price

$659.0 / ton across reported markets.

Export trend

Reported export history

Annual observations for USA, Puerto Rico and US Virgin Islands and HS 720429 where available.

YearExportsYear-on-year changeActive destinations
2010$631.8M-12.7%72
2011$478.8M-24.2%63
2012$436.1M-8.9%61
2013$318.5M-27%61
2014$346.7M+8.8%76
2015$243.0M-29.9%55
2016$301.2M+23.9%63
2017$325.9M+8.2%59
2018$280.7M-13.9%62
2019$254.9M-9.2%56
2020$236.8M-7.1%55
2021$422.5M+78.4%56
2022$347.8M-17.7%55
2023$386.5M+11.1%56
2024$308.7M-20.1%54

Exporter context

USA, Puerto Rico and US Virgin Islands 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.

USA, Puerto Rico and US Virgin Islands has reported exports of $1.9T and a trade balance of -$1.3T in 2024.

Available structural indicators include 25.3% trade openness, 21.9% 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 USA, Puerto Rico and US Virgin Islands 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.