The global export landscape for hot rolled bars and rods of iron or non-alloy steel, coiled, of a width of less than 14 mm, and containing by weight 0.25% or less of carbon, reveals significant variations. In 2023, Russia led the exports, with a slight increase, while Germany and China exhibited declines. Notable performers included India and Belarus, showing positive growth. Conversely, countries like Ukraine, Poland, and the United States posted marked decreases. Egypt, however, experienced an extraordinary rise in exports. Examining exports from 2018 to 2023, trends point to variable growth dynamics, with slower increments or declines in many regions.
Future trends are expected to be influenced by geopolitical factors, technological advancements, and shifts in global steel demand. Sustainability efforts and trade agreements may influence these exports, creating opportunities or challenges. Monitoring changes in raw material supply, international trade policies, and technological innovations could provide deeper insights into future export dynamics.
Top countries in Export of Hot Rolled Bar and Rod of Iron or Non-Alloy Steel, Coiled, of a Width of Less Than 14 mm and Containing by Weight 0.25% or Less of Carbon by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 602,570,000 | 2023 | +3.05% | +1.37% | View data |
| 2 | 2 Germany | 602,370,000 | 2023 | -2.28% | -3.29% | View data |
| 3 | 3 China | 578,780,000 | 2023 | +3.68% | -3.44% | View data |
| 4 | 4 South Korea | 452,530,000 | 2023 | +2.6% | +1.79% | View data |
| 5 | 5 Belgium | 416,340,000 | 2023 | +4.97% | +1.19% | View data |
| 6 | 6 Czech Republic | 383,630,000 | 2023 | +1% | -2.14% | View data |
| 7 | 7 Japan | 376,700,000 | 2023 | -1.9% | -4.15% | View data |
| 8 | 8 Spain | 312,380,000 | 2023 | +0.4% | -1.01% | View data |
| 9 | 9 Italy | 304,560,000 | 2023 | +1.64% | +0.29% | View data |
| 10 | 10 Ukraine | 270,650,000 | 2023 | -7.49% | -8.07% | View data |
