Hot-rolled rectangular steel bar trade by country: top importers, exporters and prices
World trade in hot-rolled rectangular steel bar was worth $1.21 billion in 2024, about 1.50 million tonnes. That is an increase of 4% since 2017, and down 23% 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 | $1.21B | 1.50M t |
| 2023 | $1.58B | 1.73M t |
| 2022 | $1.68B | 1.53M t |
| 2021 | $1.57B | 1.75M t |
| 2020 | $954.5M | 1.69M t |
| 2019 | $1.13B | 2.00M t |
| 2018 | $1.33B | 2.03M t |
| 2017 | $1.16B | 1.80M t |
Top hot-rolled rectangular steel bar exporting countries
Italy is the largest exporter with 17% of world exports, followed by Spain and France. The top three supply 37% between them, out of 100 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Italy | $204.9M | 17% |
| Spain | $122.3M | 10% |
| France | $121.1M | 10% |
| Poland | $105.6M | 8.7% |
| Turkey | $94.0M | 7.8% |
| United Kingdom | $78.6M | 6.5% |
| China | $68.5M | 5.7% |
| United States | $49.9M | 4.1% |
| Denmark | $45.2M | 3.7% |
| Taiwan | $42.0M | 3.5% |
| Canada | $35.3M | 2.9% |
| Mexico | $30.8M | 2.5% |
Top importing countries and buyer markets
Germany is the biggest buyer with 18% of world imports, ahead of France and the United States. Demand is spread widely: the top three take 31% across 195 importing countries.
| Importer | Value | Share |
|---|---|---|
| Germany | $213.4M | 18% |
| France | $89.3M | 7.4% |
| United States | $71.5M | 5.9% |
| Netherlands | $52.2M | 4.3% |
| Czech Republic | $45.8M | 3.8% |
| Malaysia | $37.5M | 3.1% |
| Mexico | $35.9M | 3% |
| Spain | $35.6M | 2.9% |
| United Kingdom | $34.6M | 2.9% |
| Canada | $34.5M | 2.8% |
| Poland | $33.2M | 2.7% |
| Austria | $29.9M | 2.5% |
Average price per kg
The world average declared value was about $0.81 per kg in 2024. Among the main exporters, the United States averaged $1.29 per kg and Turkey $0.64 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.
Related product types
Who is behind these numbers in this market?
The shipment records behind Hot-rolled rectangular steel bar (HS 7214.91) importers and exporters, worldwide: companies, dates, quantities and declared values.
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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 7214.91: Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, n.e.c. in heading no. 7214, of rectangular (other than square) cross-section. HS 7214 codes.
Common questions
Which countries export the most hot-rolled rectangular steel bar?
Italy exported $204.9 million in 2024, 17% of the world total, followed by Spain (10%) and France (10%). In all, 100 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most hot-rolled rectangular steel bar?
Germany imported $213.4 million in 2024, 18% of world imports, ahead of France (7%) and the United States (6%). The top three importers together take 31%. Each country with its own page is linked from the table.
How big is the world trade in hot-rolled rectangular steel bar?
It was worth $1.21 billion in 2024, about 1.50 million tonnes. That is an increase of 4% since 2017. The peak year was 2022 at $1.68 billion. 100 countries reported exports and 195 reported imports.
What is the average price of hot-rolled rectangular steel bar per kg?
The world average declared value was about $0.81 per kg in 2024. Among the main exporters, the United States averaged $1.29 per kg and Turkey $0.64 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 rectangular steel bar?
The HS code for hot-rolled rectangular steel bar is subheading 7214.91, 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 7214 page.
How can I find hot-rolled rectangular steel bar buyers and suppliers?
EximDataX shows the importers and exporters of hot-rolled rectangular steel bar by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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