Hot-rolled alloy steel coil trade by country: top importers, exporters and prices
World trade in hot-rolled alloy steel coil was worth $4.80 billion in 2024, about 6.09 million tonnes. That is a fall of 45% since 2017, and down 10% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $4.80B | 6.09M t |
| 2023 | $5.36B | 6.44M t |
| 2022 | $6.83B | 7.30M t |
| 2021 | $10.03B | 11.90M t |
| 2020 | $5.42B | 9.38M t |
| 2019 | $7.33B | 11.67M t |
| 2018 | $8.73B | 12.68M t |
| 2017 | $8.66B | 15.11M t |
Top hot-rolled alloy steel coil exporting countries
Exports are led by Japan (22%), China (14%) and France (11%). 59 countries reported exports, and the top three account for 47%.
| Exporter | Value | Share |
|---|---|---|
| Japan | $1.07B | 22% |
| China | $672.6M | 14% |
| France | $516.2M | 11% |
| Germany | $450.1M | 9.4% |
| South Korea | $391.3M | 8.2% |
| Netherlands | $333.5M | 7% |
| United States | $278.0M | 5.8% |
| Canada | $263.9M | 5.5% |
| Taiwan | $179.8M | 3.7% |
| Sweden | $156.9M | 3.3% |
| Belgium | $101.5M | 2.1% |
| Slovakia | $95.4M | 2% |
Top importing countries and buyer markets
Thailand is the biggest buyer with 14% of world imports, ahead of the United States and Mexico. Demand is spread widely: the top three take 33% across 124 importing countries.
| Importer | Value | Share |
|---|---|---|
| Thailand | $674.2M | 14% |
| United States | $464.9M | 9.7% |
| Mexico | $459.5M | 9.6% |
| Spain | $354.8M | 7.4% |
| China | $245.4M | 5.1% |
| India | $210.4M | 4.4% |
| Turkey | $202.9M | 4.2% |
| Vietnam | $196.5M | 4.1% |
| Indonesia | $174.1M | 3.6% |
| Germany | $171.6M | 3.6% |
| Saudi Arabia | $152.5M | 3.2% |
| Italy | $144.6M | 3% |
Average price per kg
The world average declared value was about $0.79 per kg in 2024. Among the main exporters, the United States averaged $1.02 per kg and China $0.62 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 coil (HS 7225.30) 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 7225.30: Steel, alloy: flat-rolled, width 600mm or more, hot-rolled, in coils. HS 7225 codes.
Common questions
Which countries export the most hot-rolled alloy steel coil?
Japan exported $1.07 billion in 2024, 22% of the world total, followed by China (14%) and France (11%). In all, 59 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most hot-rolled alloy steel coil?
Thailand imported $674.2 million in 2024, 14% of world imports, ahead of the United States (10%) and Mexico (10%). The top three importers together take 33%. Each country with its own page is linked from the table.
How big is the world trade in hot-rolled alloy steel coil?
It was worth $4.80 billion in 2024, about 6.09 million tonnes. That is a fall of 45% since 2017. The peak year was 2021 at $10.03 billion. 59 countries reported exports and 124 reported imports.
What is the average price of hot-rolled alloy steel coil per kg?
The world average declared value was about $0.79 per kg in 2024. Among the main exporters, the United States averaged $1.02 per kg and China $0.62 per kg, so grade and origin matter. Read it as a benchmark: it blends all grades, origins and contract terms.
What is the HS code for hot-rolled alloy steel coil?
The HS code for hot-rolled alloy steel coil is subheading 7225.30, 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 7225 page.
How can I find hot-rolled alloy steel coil buyers and suppliers?
EximDataX shows the importers and exporters of hot-rolled alloy steel coil by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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