Hot-rolled alloy steel bar trade by country: top importers, exporters and prices
World trade in hot-rolled alloy steel bar was worth $6.02 billion in 2024, about 5.52 million tonnes. That is a fall of 19% since 2017, and down 20% 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 | $6.02B | 5.52M t |
| 2023 | $7.49B | 6.07M t |
| 2022 | $8.35B | 6.48M t |
| 2021 | $7.70B | 7.41M t |
| 2020 | $5.29B | 6.16M t |
| 2019 | $6.79B | 7.63M t |
| 2018 | $8.79B | 9.40M t |
| 2017 | $7.40B | 10.00M t |
Top hot-rolled alloy steel bar exporting countries
China is the largest exporter with 29% of world exports, followed by Japan and Italy. The top three supply 44% between them, out of 97 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| China | $1.72B | 29% |
| Japan | $521.8M | 8.7% |
| Italy | $416.1M | 6.9% |
| Germany | $394.6M | 6.6% |
| United States | $357.1M | 5.9% |
| Canada | $298.3M | 5% |
| South Korea | $297.9M | 5% |
| Turkey | $230.4M | 3.8% |
| Spain | $218.5M | 3.6% |
| Czech Republic | $179.6M | 3% |
| Poland | $157.5M | 2.6% |
| Sweden | $121.7M | 2% |
Top importing countries and buyer markets
Germany is the biggest buyer with 9% of world imports, ahead of Mexico and Indonesia. Demand is spread widely: the top three take 23% across 183 importing countries.
| Importer | Value | Share |
|---|---|---|
| Germany | $547.0M | 9.1% |
| Mexico | $538.8M | 9% |
| Indonesia | $314.0M | 5.2% |
| United States | $293.2M | 4.9% |
| France | $265.4M | 4.4% |
| South Korea | $260.0M | 4.3% |
| Thailand | $232.1M | 3.9% |
| Italy | $206.7M | 3.4% |
| China | $195.4M | 3.2% |
| Canada | $191.5M | 3.2% |
| India | $164.1M | 2.7% |
| Chile | $163.0M | 2.7% |
Average price per kg
The world average declared value was about $1.09 per kg in 2024. Among the main exporters, the United States averaged $1.45 per kg and China $0.85 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 Hot-rolled alloy steel bar (HS 7228.30) 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 7228.30: Steel, alloy: bars and rods, hot-rolled, hot-drawn or extruded. HS 7228 codes.
Common questions
Which countries export the most hot-rolled alloy steel bar?
China exported $1.72 billion in 2024, 29% of the world total, followed by Japan (9%) and Italy (7%). In all, 97 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most hot-rolled alloy steel bar?
Germany imported $547.0 million in 2024, 9% of world imports, ahead of Mexico (9%) and Indonesia (5%). The top three importers together take 23%. Each country with its own page is linked from the table.
How big is the world trade in hot-rolled alloy steel bar?
It was worth $6.02 billion in 2024, about 5.52 million tonnes. That is a fall of 19% since 2017. The peak year was 2018 at $8.79 billion. 97 countries reported exports and 183 reported imports.
What is the average price of hot-rolled alloy steel bar per kg?
The world average declared value was about $1.09 per kg in 2024. Among the main exporters, the United States averaged $1.45 per kg and China $0.85 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for hot-rolled alloy steel bar?
The HS code for hot-rolled alloy steel bar is subheading 7228.30, 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 7228 page.
How can I find hot-rolled alloy steel bar buyers and suppliers?
The rankings here stop at countries; EximDataX goes down to the companies trading hot-rolled alloy steel bar, from direct customs feeds and mirror data. Tell us your markets to see them live.
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