🇺🇸 United States imports of alloy steel ingots: 2024 trade data
The United States imported $1.68 billion of alloy steel ingots in 2024 (2.11 million tonnes). That makes it the largest importer of this product worldwide, out of 158 countries. That is 23% less than in 2023. Over 2017-2024 the trade grew strongly, by about 8% a year on average. The peak in this period was 2023, at $2.18 billion.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of alloy steel ingots by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.68B | 2.11M t |
| 2023 | $2.18B | 2.57M t |
| 2022 | $2.03B | 2.04M t |
| 2021 | $1.58B | 1.75M t |
| 2020 | $775.5M | 1.28M t |
| 2019 | $1.59B | 2.57M t |
| 2018 | $1.44B | 2.23M t |
| 2017 | $971.2M | 1.81M t |
Where the United States imports alloy steel ingots from
The largest suppliers were Brazil (43%), Mexico (29%), Romania (14%).
| Supplier country | Value | Share |
|---|---|---|
| 🇧🇷 Brazil | $723.3M | 43% |
| 🇲🇽 Mexico | $495.7M | 29% |
| 🇷🇴 Romania | $234.3M | 14% |
| 🇦🇷 Argentina | $91.1M | 5.4% |
| 🇨🇦 Canada | $76.0M | 4.5% |
| 🇮🇹 Italy | $48.2M | 2.9% |
| 🇬🇧 United Kingdom | $5.5M | 0.3% |
| 🇩🇪 Germany | $4.7M | 0.3% |
| 🇯🇵 Japan | $2.6M | 0.2% |
| 🇮🇳 India | $683K | 0% |
Types of alloy steel ingots under HS 7224
| 7224.90 | Steel, alloy: semi-finished products | 100% |
| 7224.10 | Steel, alloy: ingots and other primary forms | 0.4% |
Codes and full descriptions: HS heading 7224.
Average import price of alloy steel ingots
The average declared value was about $0.80 per kg, 21% below the world average of $1.01, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United States also exports alloy steel ingots
The United States exported $111.2 million of alloy steel ingots in 2024 (44.1 thousand tonnes). Its share of world exports was 3%. Most of it went to Canada (25%), China (22%), Mexico (14%). Among the main buyer markets, Belgium grew fastest (+314% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇨🇦 Canada | $27.9M | 25% |
| 🇨🇳 China | $24.2M | 22% |
| 🇲🇽 Mexico | $16.1M | 15% |
| 🇭🇳 Honduras | $8.6M | 7.7% |
| 🇵🇱 Poland | $7.5M | 6.8% |
| 🇦🇹 Austria | $4.9M | 4.4% |
| 🇧🇪 Belgium | $4.9M | 4.4% |
| 🇫🇷 France | $3.7M | 3.3% |
| 🇬🇧 United Kingdom | $3.1M | 2.8% |
| 🇪🇸 Spain | $1.8M | 1.6% |
Who is behind these numbers in the United States?
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 7224: Alloy steel in ingots or other primary forms, semi-finished products of other alloy steel.
Alloy steel ingots trade in the United States: questions
What is the value of alloy steel ingots imported by the United States?
The United States imported alloy steel ingots worth $1.68 billion in 2024 (2.11 million tonnes).
Where does the United States import alloy steel ingots from?
The main supplier countries in 2024 were Brazil (43%), Mexico (29%), Romania (14%).
What is the average import price of alloy steel ingots in the United States?
The average declared import value was about $0.80 per kg in 2024, against a world average of $1.01 per kg.
Does the United States export alloy steel ingots?
Yes. The United States exported alloy steel ingots worth $111.2 million in 2024, mainly to Canada, China, Mexico.
What is the HS code for alloy steel ingots?
Alloy steel ingots falls under HS heading 7224 (Alloy steel in ingots or other primary forms, semi-finished products of other alloy steel). The six-digit codes under it split the product by type.
How can I find the companies trading alloy steel ingots with the United States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Alloy steel ingots trade in other countries
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