Alloy steel ingot exports from the United States: data, top buyers and prices
The United States exported $56.0 million of alloy steel ingot in 2024 (12.0 thousand tonnes). It ranks 5th of 63 countries for exports of this product. That is 20% less than in 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $56.0M | 12.0K t |
| 2023 | $69.8M | 14.9K t |
| 2022 | $55.7M | 16.1K t |
| 2021 | $47.4M | 18.3K t |
| 2020 | $31.8M | 12.7K t |
| 2019 | $29.9M | 11.6K t |
| 2018 | $44.1M | 21.1K t |
| 2017 | $52.7M | 34.5K t |
Where the United States exports alloy steel ingot to
Most of it went to China (42%), Canada (26%), Austria (9%). Among the main buyer markets, France grew fastest (+267% on the year before).
| Destination | Value | Share |
|---|---|---|
| China | $23.6M | 42% |
| Canada | $14.5M | 26% |
| Austria | $4.9M | 8.8% |
| Mexico | $4.4M | 7.9% |
| France | $3.7M | 6.6% |
| United Kingdom | $888K | 1.6% |
| Singapore | $763K | 1.4% |
| Spain | $702K | 1.3% |
| South Korea | $457K | 0.8% |
| Australia | $418K | 0.8% |
Average export price per kg
The average declared value was about $4.68 per kg, 74% above the world average of $2.69. 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.
Alloy steel ingot imports to the United States
Imports of alloy steel ingot by the United States reached $7.0 million in 2024 (2.1 thousand tonnes). Its share of world imports was 1%. Canada alone supplied 60% of it. Among the main suppliers, Angola grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| Canada | $4.2M | 61% |
| United Kingdom | $1.1M | 16% |
| Angola | $570K | 8.1% |
| Japan | $360K | 5.1% |
| France | $206K | 2.9% |
| China | $142K | 2% |
| Austria | $116K | 1.7% |
| Sweden | $106K | 1.5% |
| Guyana | $50K | 0.7% |
| Italy | $31K | 0.5% |
Who is behind these numbers in the United States?
The shipment records behind United States alloy steel ingot exports (HS 7224.10): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
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 7224.10: Steel, alloy: ingots and other primary forms.
Common questions
What is the value of alloy steel ingot exported by the United States?
The United States exported alloy steel ingot worth $56.0 million in 2024, the latest year with complete public data, about 12.0 thousand tonnes. That ranks it 5th of 63 countries worldwide, with 10% of world exports. The value was down 20% on 2023.
Which countries buy alloy steel ingot from the United States?
China was the largest buyer with 42% of the value ($23.6 million), followed by Canada (26%) and Austria (9%). The top three together account for 77%, out of 51 buyer countries in total. South Korea grew fastest among the top ten, up 335% on the year.
What is the average export price of alloy steel ingot per kg?
The average declared export value was about $4.68 per kg in 2024, 74% above the world average of $2.69 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of alloy steel ingot from the United States changed since 2017?
Exports went from $52.7 million in 2017 to $56.0 million in 2024, an increase of 6%. The peak was 2023 at $69.8 million. Over 8 years the average was $48.4 million a year.
Does the United States also import alloy steel ingot?
Yes. The United States imported $7.0 million worth of this product in 2024, mainly from Canada, the United Kingdom and Angola. On balance the United States is a net exporter of this product, by about $49.0 million a year.
What is the HS code for alloy steel ingot?
The HS code for alloy steel ingot is subheading 7224.10. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7224 page.
How can I find the companies behind this trade?
EximDataX has a direct customs feed for the United States, so the importers and exporters behind these totals are visible by name, shipment by shipment. Ask for a live look at your product.
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