🇸🇦 Saudi Arabia imports of iron and steel scrap: 2024 trade data
Imports of iron and steel scrap by Saudi Arabia reached $97.2 million in 2024 (257.7 thousand tonnes). Value rose 51% on 2023. Over 2017-2024 the trade grew strongly, by about 32% a year on average. The peak in this period was 2021, at $194.1 million.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of iron and steel scrap by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $97.2M | 257.7K t |
| 2023 | $64.2M | 82.8K t |
| 2022 | $192.0M | 336.1K t |
| 2021 | $194.1M | 354.5K t |
| 2020 | $167.6M | 632.8K t |
| 2019 | $102.2M | 368.9K t |
| 2018 | $16.4M | 47.2K t |
| 2017 | $14.2M | 45.3K t |
Where Saudi Arabia imports iron and steel scrap from
United Kingdom alone supplied 90% of it. Among the main suppliers, United Kingdom grew fastest (+501% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇬🇧 United Kingdom | $87.2M | 90% |
| 🇾🇪 Yemen | $7.3M | 7.5% |
| 🇨🇳 China | $1.4M | 1.5% |
| 🇹🇳 Tunisia | $789K | 0.8% |
| 🇰🇷 South Korea | $97K | 0.1% |
| 🇧🇷 Brazil | $88K | 0.1% |
| 🇺🇸 United States | $75K | 0.1% |
| 🇨🇭 Switzerland | $62K | 0.1% |
| 🇦🇪 United Arab Emirates | $41K | 0% |
| 🇷🇸 Serbia | $40K | 0% |
Types of iron and steel scrap under HS 7204
| 7204.29 | Ferrous waste and scrap: of alloy steel (excluding stainless) | 55% |
| 7204.49 | Ferrous waste and scrap: n.e.c. in heading no. 7204 | 43% |
| 7204.21 | Ferrous waste and scrap: of stainless steel | 1.7% |
| 7204.10 | Ferrous waste and scrap: of cast iron | 0.3% |
| 7204.41 | Ferrous waste and scrap: turnings, shavings, chips, milling waste, sawdust, fillings, trimmings and stampings, whether or not in bundles | 0% |
| 7204.30 | Ferrous waste and scrap: of tinned iron or steel | 0% |
Codes and full descriptions: HS heading 7204.
Average import price of iron and steel scrap
The average declared value was about $0.38 per kg, close to the world average of $0.44.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Saudi Arabia also exports iron and steel scrap
In 2024, Saudi Arabia exported iron and steel scrap worth $77.9 million (55.4 thousand tonnes). One buyer market dominates: India accounted for 92% of the value.
| Destination | Value | Share |
|---|---|---|
| 🇮🇳 India | $71.6M | 92% |
| 🇹🇷 Turkey | $3.6M | 4.6% |
| 🇦🇪 United Arab Emirates | $806K | 1% |
| 🇳🇱 Netherlands | $794K | 1% |
| 🇪🇸 Spain | $259K | 0.3% |
| 🇵🇰 Pakistan | $209K | 0.3% |
| 🇦🇺 Australia | $208K | 0.3% |
| 🇹🇭 Thailand | $182K | 0.2% |
| 🇰🇷 South Korea | $54K | 0.1% |
| 🇲🇾 Malaysia | $53K | 0.1% |
Who is behind these numbers in Saudi Arabia?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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: Ferrous waste and scrap; remelting scrap ingots of iron or steel.
Iron and steel scrap trade in Saudi Arabia: questions
What is the value of iron and steel scrap imported by Saudi Arabia?
Saudi Arabia imported iron and steel scrap worth $97.2 million in 2024 (257.7 thousand tonnes).
Where does Saudi Arabia import iron and steel scrap from?
The main supplier countries in 2024 were United Kingdom (90%), Yemen (8%), China (1%).
What is the average import price of iron and steel scrap in Saudi Arabia?
The average declared import value was about $0.38 per kg in 2024, against a world average of $0.44 per kg.
Does Saudi Arabia export iron and steel scrap?
Yes. Saudi Arabia exported iron and steel scrap worth $77.9 million in 2024, mainly to India, Turkey, United Arab Emirates.
What is the HS code for iron and steel scrap?
Iron and steel scrap falls under HS heading 7204 (Ferrous waste and scrap; remelting scrap ingots of iron or steel). The six-digit codes under it split the product by type.
How can I find the companies trading iron and steel scrap with Saudi Arabia?
These public statistics stop at country level. EximDataX builds Saudi Arabia trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Iron and steel scrap trade in other countries
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