Kazakhstan leads the global export market for hot-rolled iron or non-alloy steel in coils, with an actual export value of 474.63 million USD as of 2023. South Korea and France follow, showcasing strong export capabilities despite South Korea witnessing a slight decline year-on-year. The top exporters among these materials continue to experience varied growth rates. Notably, India shows a significant increase, while several European nations face slight declines. Austria and Slovakia exhibit substantial year-on-year declines, while Luxembourg shows a remarkable surge. Overall, the global export trend between 2018 and 2023 indicates a mixed pattern of growth and decline among major exporters.
Future trends to watch include:
- Increasing demand for sustainable steel production may drive innovation and export capabilities.
- Geopolitical factors could influence trade routes and partnerships, impacting export volumes.
- Technological advancements in manufacturing may boost efficiency and output in leading exporting nations.
- Countries like India might see continued growth due to increasing industrial demand.
- Monitor fluctuations in global economic conditions, which may cause further shifts in export patterns.
Top countries in Export of Hot-Rolled Iron or Non-Alloy Steel in Coils, of a Width of 600 mm or More, Thickness More Than 10 mm and Minimum Yield Point Not Exceeding 355 Mpa by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Kazakhstan | 474,630,000 | 2023 | +5.79% | +4.66% | View data |
| 2 | 2 South Korea | 248,410,000 | 2023 | -1.6% | -3.4% | View data |
| 3 | 3 France | 195,330,000 | 2023 | +4.5% | +1.15% | View data |
| 4 | 4 Germany | 155,800,000 | 2023 | -1.01% | -3.85% | View data |
| 5 | 5 India | 92,361,000 | 2023 | +2.99% | +7.12% | View data |
| 6 | 6 Japan | 75,684,000 | 2023 | +0.18% | -2.7% | View data |
| 7 | 7 Russia | 60,913,000 | 2023 | -0.2% | -2.91% | View data |
| 8 | 8 Belgium | 59,865,000 | 2023 | +2.67% | +1.04% | View data |
| 9 | 9 Netherlands | 54,067,000 | 2023 | -0.087% | -2.01% | View data |
| 10 | 10 Canada | 46,346,000 | 2023 | +1.45% | -3.84% | View data |
