🇺🇸 United States exports of steel ingots: 2024 trade data
Exports of steel ingots by the United States reached $42.0 million in 2024 (8.0 thousand tonnes). That makes it the 2nd largest exporter of this product worldwide, out of 106 countries. Value rose 42% on 2023. Over 2017-2024 it shrank by about 10% a year on average. The peak in this period was 2018, at $86.8 million.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of steel ingots by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $42.0M | 8.0K t |
| 2023 | $29.5M | 8.4K t |
| 2022 | $27.5M | 9.3K t |
| 2021 | $13.3M | 7.0K t |
| 2020 | $11.7M | 8.1K t |
| 2019 | $11.7M | 9.0K t |
| 2018 | $86.8M | 188.3K t |
| 2017 | $84.5M | 202.8K t |
Where the United States exports steel ingots to
The largest buyer markets were Vietnam (23%), United Arab Emirates (22%), Egypt (14%). Among the main buyer markets, Hong Kong grew fastest (+420% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇻🇳 Vietnam | $9.7M | 23% |
| 🇦🇪 United Arab Emirates | $9.1M | 22% |
| 🇪🇬 Egypt | $6.0M | 14% |
| 🇨🇦 Canada | $4.7M | 11% |
| 🇹🇹 Trinidad and Tobago | $4.2M | 10% |
| 🇳🇱 Netherlands | $1.7M | 3.9% |
| 🇲🇽 Mexico | $1.5M | 3.6% |
| 🇭🇰 Hong Kong | $1.1M | 2.5% |
| 🇬🇧 United Kingdom | $582K | 1.4% |
| 🇶🇦 Qatar | $465K | 1.1% |
Types of steel ingots under HS 7206
| 7206.10 | Iron or non-alloy steel: ingots (excluding iron of heading no. 7203) | 61% |
| 7206.90 | Iron or non-alloy steel: primary forms (excluding ingots and iron of heading no. 7203) | 39% |
Codes and full descriptions: HS heading 7206.
Average export price of steel ingots
The average declared value was about $5.23 per kg, 637% 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 States also imports steel ingots
In 2024, the United States imported steel ingots worth $5.9 million (3.3 thousand tonnes). Its share of world imports was 1%. Most of the value came from United Kingdom (32%), Germany (27%), Canada (16%). Among the main suppliers, Denmark grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇬🇧 United Kingdom | $1.9M | 32% |
| 🇩🇪 Germany | $1.6M | 27% |
| 🇨🇦 Canada | $944K | 16% |
| 🇲🇽 Mexico | $537K | 9.1% |
| 🇨🇳 China | $275K | 4.7% |
| 🇩🇰 Denmark | $265K | 4.5% |
| 🇫🇷 France | $160K | 2.7% |
| 🇮🇳 India | $66K | 1.1% |
| 🇨🇷 Costa Rica | $47K | 0.8% |
| 🇳🇱 Netherlands | $41K | 0.7% |
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 7206: Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading no. 7203).
Steel ingots trade in the United States: questions
What is the value of steel ingots imported by the United States?
The United States imported steel ingots worth $5.9 million in 2024 (3.3 thousand tonnes).
Where does the United States import steel ingots from?
The main supplier countries in 2024 were United Kingdom (32%), Germany (27%), Canada (16%).
What is the average import price of steel ingots in the United States?
The average declared import value was about $1.80 per kg in 2024, against a world average of $0.71 per kg.
Does the United States export steel ingots?
Yes. The United States exported steel ingots worth $42.0 million in 2024, mainly to Vietnam, United Arab Emirates, Egypt.
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 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.
Steel ingots trade in other countries
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