High-speed steel bar imports in the United States: data, top suppliers and prices
Imports of high-speed steel bar by the United States reached $89.9 million in 2024 (6.1 thousand tonnes). That makes it the largest importer of this product worldwide, out of 158 countries. That is 24% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2023, at $117.6 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $89.9M | 6.1K t |
| 2023 | $117.6M | 8.1K t |
| 2022 | $85.6M | 6.2K t |
| 2021 | $68.4M | 6.0K t |
| 2020 | $68.9M | 6.0K t |
| 2019 | $81.1M | 7.5K t |
| 2018 | $92.1M | 11.5K t |
| 2017 | $78.7M | 8.3K t |
Where the United States imports high-speed steel bar from
One supplier dominates: China accounted for 50% of the value.
| Supplier country | Value | Share |
|---|---|---|
| China | $45.2M | 50% |
| Austria | $17.6M | 20% |
| Brazil | $7.7M | 8.6% |
| Sweden | $5.1M | 5.7% |
| Japan | $4.7M | 5.2% |
| France | $3.8M | 4.2% |
| Taiwan | $3.4M | 3.7% |
| Germany | $1.0M | 1.1% |
| Slovenia | $398K | 0.4% |
| India | $216K | 0.2% |
Average import price per kg
The average declared value was about $14.63 per kg, 81% above the world average of $8.08. 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.
High-speed steel bar exports from the United States
Exports of high-speed steel bar by the United States reached $14.3 million in 2024 (2.4 thousand tonnes). That makes it the 8th largest exporter of this product worldwide, out of 84 countries. Most of it went to Mexico (30%), Canada (25%), Israel (19%). Among the main buyer markets, Italy grew fastest (+31% on the year before).
| Destination | Value | Share |
|---|---|---|
| Mexico | $4.3M | 30% |
| Canada | $3.5M | 25% |
| Israel | $2.8M | 20% |
| Germany | $689K | 4.8% |
| Italy | $483K | 3.4% |
| Japan | $309K | 2.2% |
| China | $268K | 1.9% |
| India | $216K | 1.5% |
| Austria | $182K | 1.3% |
| Switzerland | $177K | 1.2% |
Who is behind these numbers in the United States?
The shipment records behind United States high-speed steel bar imports (HS 7228.10): 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 7228.10: Steel, alloy: bars and rods, of high speed steel.
Common questions
What is the value of high-speed steel bar imported by the United States?
The United States imported high-speed steel bar worth $89.9 million in 2024, the latest year with complete public data, about 6.1 thousand tonnes. That ranks it 1st of 158 countries worldwide, with 14% of world imports. The value was down 24% on 2023.
Which countries supply high-speed steel bar to the United States?
China was the largest supplier with 50% of the value ($45.2 million), followed by Austria (20%) and Brazil (9%). The top three together account for 78%, out of 24 supplier countries in total. Austria grew fastest among the top ten, up 27% on the year.
What is the average import price of high-speed steel bar per kg?
The average declared import value was about $14.63 per kg in 2024, 81% above the world average of $8.08 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of high-speed steel bar to the United States changed since 2017?
Imports went from $78.7 million in 2017 to $89.9 million in 2024, an increase of 14%. The peak was 2023 at $117.6 million. Over 8 years the average was $85.3 million a year.
Does the United States also export high-speed steel bar?
Yes. The United States exported $14.3 million worth of this product in 2024, mainly to Mexico, Canada and Israel. On balance the United States is a net importer of this product, by about $75.6 million a year.
What is the HS code for high-speed steel bar?
The HS code for high-speed steel bar is subheading 7228.10. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7228 page.
How can I find the companies behind this trade?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for the United States. Tell us your product to see it live.
Same product, other countries
World high-speed steel bar trade: top importers and exporters
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