The latest data in 2024 shows Germany leading in global exports of hot box roll iron or non-alloy steel with a 20.09% market share. Canada and the United States follow with shares of 16.66% and 12.96% respectively. While Germany and the United States experienced slight growth, Canada saw a decrease in their export values. Notable positive growth includes Latvia, Bosnia and Herzegovina and Costa Rica. In contrast, significant declines were observed in Singapore, South Africa, and India. Variability in economic conditions and demand cycles likely contributed to these shifts.
Looking ahead, monitoring advancements in metallurgical technologies, shifts in global construction demand, and trade policies will be critical to understanding future market dynamics for hot box roll iron or non-alloy steel exports. Sustainability practices and geopolitical developments might also influence market trends significantly in the coming years.
Top countries in Export of Hot Box Roll Iron or Non-Alloy Steel of a Width Less Than 600 mm, Thickness More Than 4.75 mm, Unclad Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.09 | 2023 | +1.94% | +0.57% | View data |
| 2 | 2 Canada | 16.66 | 2023 | +3.06% | -3.96% | View data |
| 3 | 3 United States | 12.96 | 2023 | +0.5% | +0.47% | View data |
| 4 | 4 Italy | 9.77 | 2023 | +1.02% | +0.7% | View data |
| 5 | 5 Austria | 8.66 | 2023 | +2.66% | +2.51% | View data |
| 6 | 6 Sweden | 5.73 | 2023 | +4.83% | +3.07% | View data |
| 7 | 7 Belgium | 5.5 | 2023 | +2.1% | -0.37% | View data |
| 8 | 8 France | 3.46 | 2023 | -1.82% | -2.77% | View data |
| 9 | 9 Slovakia | 3.22 | 2023 | +1.69% | +1.25% | View data |
| 10 | 10 China | 2.63 | 2023 | -2.86% | -5.09% | View data |
