T3 · Product exporter position

China exports of Iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically) (HS 721049)

See where China stands in iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically): export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 721049Latest year 2024Declining

Latest exports

$6.0BLatest observed lane total

Destination markets

184Reported active markets

Three-year growth

-6.2%Annualized change

Destination HHI

513Destination concentration

Weighted share

67.5%Reported market position

Exporter evidence

How strong is China in Iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically)?

Reported exporter totals and calculated indicators for HS 721049. Values retain their observed coverage period.

Exporter scale

Latest exports$6.0B
Current 2024 exports$6.0B
Three-year average$6.0B
Historical peak$10.7B

Market position

Active destinations184
Destination HHI513
Weighted share67.5%
Share change+3.1 pp

Competitiveness

Three-year growth-6.2%
Volatility1
Maximum drawdown90.5%
TrendDeclining
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$6.0BSum of latest observed destination-lane values
Current 2024 exports$6.0BCommon-year comparison where reported
Three-year growth-6.2%Annualized change in exporter totals
Five-year growth+5.1%Annualized change in exporter totals
Leading destinationTHADestination with the largest observed export value
Leading destination share14.3%Share of observed exporter totals
Destination concentration513HHI across destination markets
Weighted share change+3.1 ppValue-weighted latest change in market share
Limited-history lanes5.1%Share of lanes with shorter history

Destination markets

Where does China sell iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically)?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Thailand$862.2M74.6%-7.1%FTA reportedAccelerating
Republic of Korea$744.8M88.4%-10.3%FTA reportedAccelerating
Brazil$358.4M87.7%-8.4%0.3% tariffAccelerating
Philippines$252.8M86.2%-19.1%FTA reportedAccelerating
Japan$248.7M25.2%+7.1%0% tariffGrowing
United Arab Emirates$170.7M82.9%+12.6%0.1% tariffAccelerating
Iraq$170.0M84.8%+38%Not reportedAccelerating
Italy$169.8M19.1%-3.8%0% tariffGrowing
Saudi Arabia$158.7M59.7%+25.8%0.1% tariffAccelerating
Viet Nam$143.1M56.1%-22.1%FTA reportedAccelerating
Indonesia$134.0M57.2%+11.6%FTA reportedAccelerating
Peru$127.6M99.4%+3.7%FTA reportedAccelerating
Pakistan$116.8M84.2%+17.3%FTA reportedAccelerating
Chile$114.3M91.5%-21.9%FTA reportedAccelerating
Israel$113.5M43.5%-19.6%0.1% tariffGrowing

Destination

Thailand

Latest exports
$862.2M
Market share
74.6%
Growth
-7.1%
Access
FTA reported
Signal
Accelerating

Destination

Republic of Korea

Latest exports
$744.8M
Market share
88.4%
Growth
-10.3%
Access
FTA reported
Signal
Accelerating

Destination

Brazil

Latest exports
$358.4M
Market share
87.7%
Growth
-8.4%
Access
0.3% tariff
Signal
Accelerating

Destination

Philippines

Latest exports
$252.8M
Market share
86.2%
Growth
-19.1%
Access
FTA reported
Signal
Accelerating

Destination

Japan

Latest exports
$248.7M
Market share
25.2%
Growth
+7.1%
Access
0% tariff
Signal
Growing

Destination

United Arab Emirates

Latest exports
$170.7M
Market share
82.9%
Growth
+12.6%
Access
0.1% tariff
Signal
Accelerating

Destination

Iraq

Latest exports
$170.0M
Market share
84.8%
Growth
+38%
Access
Not reported
Signal
Accelerating

Destination

Italy

Latest exports
$169.8M
Market share
19.1%
Growth
-3.8%
Access
0% tariff
Signal
Growing

Destination

Saudi Arabia

Latest exports
$158.7M
Market share
59.7%
Growth
+25.8%
Access
0.1% tariff
Signal
Accelerating

Destination

Viet Nam

Latest exports
$143.1M
Market share
56.1%
Growth
-22.1%
Access
FTA reported
Signal
Accelerating

Destination

Indonesia

Latest exports
$134.0M
Market share
57.2%
Growth
+11.6%
Access
FTA reported
Signal
Accelerating

Destination

Peru

Latest exports
$127.6M
Market share
99.4%
Growth
+3.7%
Access
FTA reported
Signal
Accelerating

Destination

Pakistan

Latest exports
$116.8M
Market share
84.2%
Growth
+17.3%
Access
FTA reported
Signal
Accelerating

Destination

Chile

Latest exports
$114.3M
Market share
91.5%
Growth
-21.9%
Access
FTA reported
Signal
Accelerating

Destination

Israel

Latest exports
$113.5M
Market share
43.5%
Growth
-19.6%
Access
0.1% tariff
Signal
Growing

Price intelligence

How does China's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Germany: $47.4K / ton.

Lowest reported price

Ethiopia: $30.1 / ton.

Median price

$837.6 / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 721049 where available.

YearExportsYear-on-year changeActive destinations
2010$2.3B+195.6%162
2011$3.4B+47.1%169
2012$3.2B-5.1%167
2013$3.5B+7.6%172
2014$4.5B+31.3%172
2015$4.1B-9%173
2016$4.1B-0.5%176
2017$5.0B+20.7%180
2018$5.2B+4.4%186
2019$4.7B-9.4%180
2020$3.5B-24.6%180
2021$7.3B+105.7%178
2022$6.1B-15.9%182
2023$5.8B-6.2%182
2024$6.0B+4.8%184

Exporter context

China economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 721049.

China has reported exports of $3.5T and a trade balance of $1.2T in 2024.

Available structural indicators include 34.6% trade openness, 44.5% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about China iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically) exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.