HS Code:
Ferrous scale, classified under HS Code 2619.00, refers to the iron oxide scale, slag, and other residues formed on the surface of iron and steel during manufacturing processes such as rolling or forging. These materials are often recycled or used as raw materials in the production of cement, fertilizers, or other industrial applications due to their iron content. The global trade of ferrous scale is influenced by the steel industry's performance, environmental regulations, and recycling initiatives.
Total Trade Volume
Approximately 12.5 million metric tons
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
3.8 million metric tons
30.4% of total trade of total trade
Increasing
2.1 million metric tons
16.8% of total trade of total trade
Stable
1.5 million metric tons
12.0% of total trade of total trade
Increasing
1.2 million metric tons
9.6% of total trade of total trade
Stable
0.9 million metric tons
7.2% of total trade of total trade
Decreasing
Average Rate
4.2%
Highest Rate
8.5% (imposed by certain developing countries to protect domestic recycling industries)
Lowest Rate
0% (under free trade agreements like EU internal trade or USMCA)
Rising demand for recycled materials
Increased trade in ferrous scale as industries seek sustainable raw materials for steel and cement production
2021-2022
Stricter environmental policies
Higher compliance costs for exporters and importers due to regulations on waste handling and emissions
2020-2022
Growth in steel production in Asia-Pacific
Higher generation and export of ferrous scale from countries like China and Japan
2019-2022
The European Union updated its Circular Economy Action Plan, emphasizing the recycling of industrial by-products like ferrous scale, with incentives for intra-EU trade.
March 2022
Expected to boost trade within the EU while imposing stricter import standards from non-EU countries
China introduced a temporary export tax on ferrous scale to prioritize domestic recycling amid rising steel production demands.
January 2023
May reduce export volumes from China, shifting market share to other exporters like Japan and Germany
The US infrastructure bill passed in late 2021 has increased demand for steel, indirectly boosting the need for ferrous scale as a recycled input.
November 2021
Likely to increase US imports of ferrous scale in the short term