U.S. imports of Platinum Waste and Scrap (SITC 28921) totaled $245.3M in August 2026, imported from 54 countries.
Platinum Waste and Scrap imports of $245.3M in August 2026 ran 31% above the year-to-date monthly average of $187.6M.
Last updated: August 2026 dataPlatinum scrap — including spent autocatalysts, laboratory crucibles, thermocouple wire, and metal clad with platinum — is a high-value secondary stream that feeds platinum group metal refiners supplying the automotive, chemical, and jewelry sectors. The explicit exclusion of sweepings containing other precious metals reflects the need to separate platinum-dominant material from mixed PGM residues classified elsewhere. Given platinum's price volatility and the capital intensity of refining, offtake contracts for platinum scrap typically include price-fixing mechanisms tied to London Platinum and Palladium Market (LPPM) quotations. Importers should maintain detailed records of the scrap's origin and processing history to support both customs valuation and chain-of-custody requirements at the refinery.
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154 import shipments a month
Sweepings — fine dusts and residues collected from jewelry workshops, refinery floors, or industrial facilities — typically contain a blend of platinum, palladium, gold, and silver that cannot be attributed predominantly to platinum. They are classified under the separate 'precious metal scrap NES' heading to reflect their mixed composition. Misclassifying sweepings as platinum scrap can result in incorrect duty treatment and valuation disputes, since the payable metal mix differs significantly.
Refiners typically require a sampling and assay report confirming platinum, palladium, and rhodium content; a certificate of origin or chain-of-custody declaration; and evidence that the material is genuine spent catalyst rather than new or off-spec catalyst (which would be classified differently). Some refiners also require a declaration that the material has not been adulterated or diluted, as fraud involving artificially reduced PGM content is a known risk in the secondary catalyst market.
Basic heading 3 of 239 in section 2
Basic heading 28921 · $245.3M of $3.8B
Imports · August 2026
origin
Netherlands and Saudi Arabia together supply 51% of it.
customs district
Census does not publish district detail for this classification system.
destination
Census does not publish state detail for this classification system.
entry
Census does not publish port detail for this classification system.
ImportsExports
Imports
$245.3MYoY · free account
Exports
$141.9MYoY · free account
12-mo low · imports
Low · free accountOver the twelve months to August 2026, the U.S. imported $2.0B of Platinum Waste and Scrap and exported $1.4B.
Through August 2026. Source: U.S. Census Bureau.
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