Remelting scrap ingots trade by country: top importers, exporters and prices
World trade in remelting scrap ingots was worth $62.2 million in 2024, about 135.5 thousand tonnes. That is a fall of 52% since 2017, and down 6% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $62.2M | 135.5K t |
| 2023 | $66.2M | 150.2K t |
| 2022 | $92.4M | 221.1K t |
| 2021 | $159.8M | 385.0K t |
| 2020 | $113.9M | 339.0K t |
| 2019 | $185.9M | 531.6K t |
| 2018 | $97.2M | 168.9K t |
| 2017 | $130.0M | 358.3K t |
Top remelting scrap ingots exporting countries
Sweden is the largest exporter with 10% of world exports, followed by Poland and China. The top three supply 25% between them, out of 57 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Sweden | $6.0M | 9.7% |
| Poland | $5.0M | 8.1% |
| China | $4.8M | 7.7% |
| France | $4.0M | 6.5% |
| Spain | $4.0M | 6.4% |
| Syria | $3.7M | 5.9% |
| Germany | $3.4M | 5.4% |
| United Arab Emirates | $3.3M | 5.4% |
| Austria | $2.9M | 4.6% |
| Netherlands | $2.7M | 4.3% |
| United Kingdom | $2.4M | 3.8% |
| Kazakhstan | $2.2M | 3.5% |
Top importing countries and buyer markets
The largest importers are Germany (13%), the Netherlands (11%) and Kenya (11%). 54 countries imported it, and the top three take 36% of the value.
| Importer | Value | Share |
|---|---|---|
| Germany | $8.3M | 13% |
| Netherlands | $7.1M | 11% |
| Kenya | $6.8M | 11% |
| Turkey | $5.5M | 8.9% |
| United States | $4.8M | 7.7% |
| Finland | $4.4M | 7.1% |
| Spain | $3.2M | 5.1% |
| United Kingdom | $2.7M | 4.4% |
| Austria | $2.6M | 4.2% |
| France | $2.3M | 3.7% |
| Italy | $1.9M | 3.1% |
| Portugal | $1.9M | 3.1% |
Average price per kg
The world average declared value was about $0.46 per kg in 2024. Among the main exporters, the United Arab Emirates averaged $1.46 per kg and France $0.22 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Remelting scrap ingots (HS 7204.50) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7204.50: Ferrous products: remelting scrap ingots. HS 7204 codes.
Common questions
Which countries export the most remelting scrap ingots?
Sweden exported $6.0 million in 2024, 10% of the world total, followed by Poland (8%) and China (8%). In all, 57 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most remelting scrap ingots?
Germany imported $8.3 million in 2024, 13% of world imports, ahead of the Netherlands (11%) and Kenya (11%). The top three importers together take 36%. Each country with its own page is linked from the table.
How big is the world trade in remelting scrap ingots?
It was worth $62.2 million in 2024, about 135.5 thousand tonnes. That is a fall of 52% since 2017. The peak year was 2019 at $185.9 million. 57 countries reported exports and 54 reported imports.
What is the average price of remelting scrap ingots per kg?
The world average declared value was about $0.46 per kg in 2024. Among the main exporters, the United Arab Emirates averaged $1.46 per kg and France $0.22 per kg, so grade and origin matter. Read it as a benchmark: it blends all grades, origins and contract terms.
What is the HS code for remelting scrap ingots?
The HS code for remelting scrap ingots is subheading 7204.50, in chapter 72 (iron and steel). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 7204 page.
How can I find remelting scrap ingots buyers and suppliers?
The rankings here stop at countries; EximDataX goes down to the companies trading remelting scrap ingots, from direct customs feeds and mirror data. Tell us your markets to see them live.
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