The United States leads with a significant share of the global export market for cold-rolled iron or non-alloy steel as of 2023. Among the top exporters, Germany, Ukraine, and Belgium experienced negative growth, while Latvia, Norway, and Australia showed notable positive variations. Countries such as Serbia and China have shown promise with strong year-on-year growth. The Compound Annual Growth Rate (CAGR) over the last five years highlights consistent growth in the United States and challenges for smaller markets such as Japan and Switzerland.
Future trends to watch include:
- The impact of global economic conditions on manufacturing and construction sectors, potentially influencing demand and prices.
- Geopolitical tensions affecting trade relationships, particularly for major players like the United States and China.
- Technological advancements and their role in improving production efficiency and reducing costs.
- Sustainability initiatives that may drive shifts in sourcing and demand for steel products.
Top countries in Export of Cold Rolled Iron or Non-Alloy Steel Not in Coils, of a Width of 600 mm or More, Thickness of 1.0-3 mm and Minimum Yield Point Not Exceeding 275 Mpa Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 10.1 | 2023 | +4.32% | +4.46% | View data |
| 2 | 2 Russia | 9.14 | 2023 | +0.98% | +0.35% | View data |
| 3 | 3 Italy | 8.65 | 2023 | +0.071% | -0.38% | View data |
| 4 | 4 Hungary | 8.34 | 2023 | +3.85% | +1.31% | View data |
| 5 | 5 Germany | 7.77 | 2023 | -1.9% | -3.35% | View data |
| 6 | 6 China | 6.75 | 2023 | +2.68% | +2.9% | View data |
| 7 | 7 Serbia | 6.74 | 2023 | +5.07% | +3.85% | View data |
| 8 | 8 Slovakia | 5.42 | 2023 | -4.16% | -5.3% | View data |
| 9 | 9 Netherlands | 4.94 | 2023 | +2.66% | +1.68% | View data |
| 10 | 10 Austria | 4.28 | 2023 | +0.73% | +0.24% | View data |