Stainless steel scrap
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Stainless steel scrap — imports and exports, Philippines

HS code 720421

From July 2025 to June 2026, Philippines exported goods under HS code 720421 (Stainless steel scrap): 208 shipments by 10 companies. Main buyer countries (share of exports): India 60%, South Korea 26.8%, Singapore 4.9%. Imports are small: 26 shipments.

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Official description: Waste and scrap of stainless steel Heading 7204: Ferrous waste and scrap; remelting scrap ingots of iron or steel

Imports

Imports are small: 26 shipments

Exports

208
shipments
July 2025 – June 2026
Values and prices — in the report

India — 60%

India receives the most shipments · Share

Buyer countries
  • India 60%
  • South Korea 26.8%
  • Singapore 4.9%
  • Taiwan 2.7%
  • China 2.2%
10
companies
exported this product in the period

Largest exporters

  1. 1 PJSC VMPT OKPO
  2. 2 WEST LINE INDUSTRIAL CORPORATION
  3. 3 ANLUD METAL RECYCLING CORP
  4. 4 METALBANK INC
  5. 5 TIGERPHIL METAL CORP

Shipments by month

February 2026
The busiest month of the period · 47 shipments
Busiest month
47 shipments
February 2026
Quietest month
0 shipments
July 2025
Average per month
17 shipments
Exports

The full picture is in the market report

Every importer and exporter, partner countries and two years of trends. Or go straight to a list of buyers for this code.

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Metal Scrap and Waste · Exports

This code in other countries

Mexico 3,595 shipments
Vietnam 845 shipments
Pakistan 753 shipments
Panama 377 shipments
Colombia 256 shipments
Bangladesh 200 shipments
Spain 1,646 shipments
Netherlands 443 shipments
UAE 408 shipments
India 379 shipments
Singapore 347 shipments
United States 335 shipments
South Korea 275 shipments
Thailand 204 shipments
Taiwan 201 shipments
Malaysia 141 shipments

Neighbouring codes

Other codes in heading 7204

Cast iron scrap 720410
Tinned iron or steel scrap 720430
Other ferrous scrap 720449

Questions and answers

From July 2025 to June 2026, Philippines exported goods under HS code 720421 (Stainless steel scrap): 208 shipments by 10 companies. Imports are small: 26 shipments.

Main buyer countries (share of exports): India 60%, South Korea 26.8%, Singapore 4.9%, Taiwan 2.7%, China 2.2%.

Exporters in total: 10. The largest include PJSC VMPT OKPO, WEST LINE INDUSTRIAL CORPORATION, ANLUD METAL RECYCLING CORP.

Months with the most export shipments: February 2026 (47), May 2026 (41), April 2026 (35).
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