Steel blooms and billets trade by country: top importers, exporters and prices
World trade in steel blooms and billets was worth $405.5 million in 2024, about 623.2 thousand tonnes. That is a fall of 55% since 2017, and down 1% 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 | $405.5M | 623.2K t |
| 2023 | $409.9M | 458.4K t |
| 2022 | $428.2M | 436.0K t |
| 2021 | $292.4M | 381.5K t |
| 2020 | $132.6M | 191.2K t |
| 2019 | $193.8M | 319.8K t |
| 2018 | $446.1M | 839.7K t |
| 2017 | $901.6M | 2.11M t |
Top steel blooms and billets exporting countries
India is the largest exporter with 53% of world exports, followed by China and Italy. The top three supply 63% between them, out of 97 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| India | $215.2M | 53% |
| China | $20.3M | 5% |
| Italy | $18.0M | 4.5% |
| Slovenia | $16.5M | 4.1% |
| Sweden | $16.5M | 4.1% |
| United States | $16.3M | 4% |
| Germany | $12.3M | 3% |
| Belgium | $12.1M | 3% |
| Zimbabwe | $11.9M | 2.9% |
| Libya | $8.1M | 2% |
| France | $7.3M | 1.8% |
| United Kingdom | $5.8M | 1.4% |
Top importing countries and buyer markets
The largest importers are Italy (54%), Germany (9%) and Egypt (4%). 152 countries imported it, and the top three take 67% of the value.
| Importer | Value | Share |
|---|---|---|
| Italy | $219.3M | 54% |
| Germany | $37.5M | 9.3% |
| Egypt | $14.8M | 3.7% |
| Latvia | $14.3M | 3.5% |
| Spain | $12.1M | 3% |
| South Africa | $10.8M | 2.7% |
| Netherlands | $8.5M | 2.1% |
| United Kingdom | $6.5M | 1.6% |
| France | $6.4M | 1.6% |
| Greece | $6.0M | 1.5% |
| Singapore | $4.7M | 1.2% |
| Trinidad and Tobago | $4.2M | 1.1% |
Average price per kg
The world average declared value was about $0.65 per kg in 2024. Among the main exporters, the United States averaged $8.69 per kg and China $0.17 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 Steel blooms and billets (HS 7206.90) 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 7206.90: Iron or non-alloy steel: primary forms (excluding ingots and iron of heading no. 7203). HS 7206 codes.
Common questions
Which countries export the most steel blooms and billets?
India exported $215.2 million in 2024, 53% of the world total, followed by China (5%) and Italy (4%). In all, 97 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most steel blooms and billets?
Italy imported $219.3 million in 2024, 54% of world imports, ahead of Germany (9%) and Egypt (4%). The top three importers together take 67%. Each country with its own page is linked from the table.
How big is the world trade in steel blooms and billets?
It was worth $405.5 million in 2024, about 623.2 thousand tonnes. That is a fall of 55% since 2017. The peak year was 2017 at $901.6 million. 97 countries reported exports and 152 reported imports.
What is the average price of steel blooms and billets per kg?
The world average declared value was about $0.65 per kg in 2024. Among the main exporters, the United States averaged $8.69 per kg and China $0.17 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 steel blooms and billets?
The HS code for steel blooms and billets is subheading 7206.90, 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 7206 page.
How can I find steel blooms and billets buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show steel blooms and billets buyers and suppliers on a short call.
See what your buyers are buying.Then decide.
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