Rectangular stainless ingot imports in the United States: data, top suppliers and prices
In 2024, the United States imported rectangular stainless ingot worth $63.2 million (17.4 thousand tonnes). That makes it the 8th largest importer of this product worldwide, out of 117 countries. Value fell 6% from 2023. Over 2017-2024 it shrank by about 7% a year on average. The peak in this period was 2018, at $182.0 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 | $63.2M | 17.4K t |
| 2023 | $67.2M | 15.7K t |
| 2022 | $89.2M | 21.0K t |
| 2021 | $67.3M | 19.4K t |
| 2020 | $60.8M | 27.3K t |
| 2019 | $85.7M | 39.9K t |
| 2018 | $182.0M | 82.8K t |
| 2017 | $106.7M | 55.0K t |
Where the United States imports rectangular stainless ingot from
United Kingdom alone supplied 52% of it.
| Supplier country | Value | Share |
|---|---|---|
| United Kingdom | $33.2M | 53% |
| Sweden | $13.0M | 21% |
| Canada | $11.2M | 18% |
| Germany | $1.5M | 2.4% |
| Australia | $1.4M | 2.2% |
| China | $1.2M | 1.9% |
| Italy | $745K | 1.2% |
| Slovenia | $362K | 0.6% |
| Mexico | $331K | 0.5% |
| Belgium | $125K | 0.2% |
Average import price per kg
The average declared value was about $3.63 per kg, 57% above the world average of $2.31. 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.
Rectangular stainless ingot exports from the United States
Exports of rectangular stainless ingot by the United States reached $3.4 million in 2024 (198 tonnes). Most of it went to Canada (20%), Ireland (10%), Germany (7%). Trade is spread widely: the top three buyer markets together make up only 37%. Among the main buyer markets, Taiwan grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| Canada | $680K | 20% |
| Ireland | $336K | 9.8% |
| Germany | $244K | 7.1% |
| United Kingdom | $239K | 7% |
| Mexico | $236K | 6.9% |
| Australia | $195K | 5.7% |
| Taiwan | $183K | 5.3% |
| Switzerland | $133K | 3.9% |
| Finland | $109K | 3.2% |
| Italy | $100K | 2.9% |
Who is behind these numbers in the United States?
The shipment records behind United States rectangular stainless ingot imports (HS 7218.91): 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 7218.91: Steel, stainless: semi-finished products, of rectangular (other than square) cross-section.
Common questions
What is the value of rectangular stainless ingot imported by the United States?
The United States imported rectangular stainless ingot worth $63.2 million in 2024, the latest year with complete public data, about 17.4 thousand tonnes. That ranks it 8th of 117 countries worldwide, with 3% of world imports. The value was down 6% on 2023.
Which countries supply rectangular stainless ingot to the United States?
The United Kingdom was the largest supplier with 52% of the value ($33.2 million), followed by Sweden (21%) and Canada (18%). The top three together account for 91%, out of 25 supplier countries in total. Germany grew fastest among the top ten, up 397% on the year.
What is the average import price of rectangular stainless ingot per kg?
The average declared import value was about $3.63 per kg in 2024, 57% above the world average of $2.31 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of rectangular stainless ingot to the United States changed since 2017?
Imports went from $106.7 million in 2017 to $63.2 million in 2024, a fall of 41%. The peak was 2018 at $182.0 million. Over 8 years the average was $90.3 million a year.
Does the United States also export rectangular stainless ingot?
Yes. The United States exported $3.4 million worth of this product in 2024, mainly to Canada, Ireland and Germany. On balance the United States is a net importer of this product, by about $59.8 million a year.
What is the HS code for rectangular stainless ingot?
The HS code for rectangular stainless ingot is subheading 7218.91. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7218 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 rectangular stainless ingot trade: top importers and exporters
More trade data for the United States
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