🇬🇧 United Kingdom exports of steel ingots: 2024 trade data
In 2024, the United Kingdom exported steel ingots worth $8.1 million (8.4 thousand tonnes). Its share of world exports was 1%. That is 73% more than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2017, at $10.2 million.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of steel ingots by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $8.1M | 8.4K t |
| 2023 | $4.7M | 6.5K t |
| 2022 | $7.3M | 7.3K t |
| 2021 | $6.9M | 6.8K t |
| 2020 | $7.4M | 6.6K t |
| 2019 | $6.7M | 1.6K t |
| 2018 | $8.1M | 2.3K t |
| 2017 | $10.2M | 3.0K t |
Where the United Kingdom exports steel ingots to
The largest buyer markets were Spain (30%), United States (23%), Germany (20%). Among the main buyer markets, United States grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| 🇪🇸 Spain | $2.4M | 30% |
| 🇺🇸 United States | $1.9M | 23% |
| 🇩🇪 Germany | $1.6M | 20% |
| 🇫🇷 France | $846K | 10% |
| 🇫🇮 Finland | $379K | 4.7% |
| 🇮🇪 Ireland | $260K | 3.2% |
| 🇳🇴 Norway | $233K | 2.9% |
| 🇮🇹 Italy | $147K | 1.8% |
| 🇸🇮 Slovenia | $105K | 1.3% |
| 🇮🇳 India | $43K | 0.5% |
Types of steel ingots under HS 7206
| 7206.90 | Iron or non-alloy steel: primary forms (excluding ingots and iron of heading no. 7203) | 72% |
| 7206.10 | Iron or non-alloy steel: ingots (excluding iron of heading no. 7203) | 28% |
Codes and full descriptions: HS heading 7206.
Average export price of steel ingots
The average declared value was about $0.97 per kg, 37% above the world average of $0.71. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United Kingdom also imports steel ingots
The United Kingdom imported $7.5 million of steel ingots in 2024 (2.9 thousand tonnes). Its share of world imports was 1%. Most of the value came from India (27%), China (26%), Ireland (22%). Among the main suppliers, Sweden grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇮🇳 India | $2.0M | 27% |
| 🇨🇳 China | $1.9M | 26% |
| 🇮🇪 Ireland | $1.6M | 22% |
| 🇺🇸 United States | $582K | 7.8% |
| 🇫🇷 France | $357K | 4.8% |
| 🇸🇪 Sweden | $250K | 3.3% |
| 🇿🇦 South Africa | $197K | 2.6% |
| 🇩🇪 Germany | $161K | 2.1% |
| 🇵🇹 Portugal | $159K | 2.1% |
| 🇳🇱 Netherlands | $133K | 1.8% |
Who is behind these numbers in the United Kingdom?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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: Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading no. 7203).
Steel ingots trade in the United Kingdom: questions
What is the value of steel ingots imported by the United Kingdom?
The United Kingdom imported steel ingots worth $7.5 million in 2024 (2.9 thousand tonnes).
Where does the United Kingdom import steel ingots from?
The main supplier countries in 2024 were India (27%), China (26%), Ireland (22%).
What is the average import price of steel ingots in the United Kingdom?
The average declared import value was about $2.58 per kg in 2024, against a world average of $0.71 per kg.
Does the United Kingdom export steel ingots?
Yes. The United Kingdom exported steel ingots worth $8.1 million in 2024, mainly to Spain, United States, Germany.
What is the HS code for steel ingots?
Steel ingots falls under HS heading 7206 (Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading no. 7203)). The six-digit codes under it split the product by type.
How can I find the companies trading steel ingots with the United Kingdom?
These public statistics stop at country level. EximDataX has a direct customs feed for the United Kingdom with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Steel ingots trade in other countries
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