T3 · Product exporter position

China exports of Iron or non-alloy steel: L sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm (HS 721621)

See where China stands in iron or non-alloy steel: l sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 721621Latest year 2024Rapid growth

Latest exports

$247.1MLatest observed lane total

Destination markets

184Reported active markets

Three-year growth

+31.6%Annualized change

Destination HHI

608Destination concentration

Weighted share

74.2%Reported market position

Exporter evidence

How strong is China in Iron or non-alloy steel: L sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm?

Reported exporter totals and calculated indicators for HS 721621. Values retain their observed coverage period.

Exporter scale

Latest exports$247.1M
Current 2024 exports$247.0M
Three-year average$238.3M
Historical peak$622.9M

Market position

Active destinations184
Destination HHI608
Weighted share74.2%
Share change+7.6 pp

Competitiveness

Three-year growth+31.6%
Volatility1.2
Maximum drawdown95.7%
TrendRapid growth
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$247.1MSum of latest observed destination-lane values
Current 2024 exports$247.0MCommon-year comparison where reported
Three-year growth+31.6%Annualized change in exporter totals
Five-year growth+19.4%Annualized change in exporter totals
Leading destinationKORDestination with the largest observed export value
Leading destination share15.2%Share of observed exporter totals
Destination concentration608HHI across destination markets
Weighted share change+7.6 ppValue-weighted latest change in market share
Limited-history lanes3.6%Share of lanes with shorter history

Destination markets

Where does China sell iron or non-alloy steel: l sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
Republic of Korea$37.7M89.4%+37%FTA reportedAccelerating
Malaysia$37.5M92.9%+51.6%FTA reportedGrowing
Saudi Arabia$14.3M86.3%+99%0.1% tariffAccelerating
United Arab Emirates$10.8M76.3%+32.3%0.1% tariffAccelerating
Ghana$9.8M97.9%+18.8%0.1% tariffAccelerating
Philippines$9.4M91.6%+7.6%FTA reportedGrowing
Algeria$7.8M60.1%+197.9%0.2% tariffAccelerating
Colombia$2.2M13.1%+74.5%0.1% tariffAccelerating
Egypt$2.2M12.4%+196.9%0.3% tariffAccelerating
USA, Puerto Rico and US Virgin Islands$1.9M1.8%+162.5%0% tariffAccelerating
Honduras$1.5M11.9%+50.1%0.1% tariffGrowing
Brazil$1.4M13.6%+14.7%0.3% tariffGrowing
Peru$1.4M7.8%+88.7%FTA reportedAccelerating
Former Arab Republic of Yemen$1.3M6.1%+133.8%0.1% tariffAccelerating

Destination

Republic of Korea

Latest exports
$37.7M
Market share
89.4%
Growth
+37%
Access
FTA reported
Signal
Accelerating

Destination

Malaysia

Latest exports
$37.5M
Market share
92.9%
Growth
+51.6%
Access
FTA reported
Signal
Growing

Destination

Saudi Arabia

Latest exports
$14.3M
Market share
86.3%
Growth
+99%
Access
0.1% tariff
Signal
Accelerating

Destination

United Arab Emirates

Latest exports
$10.8M
Market share
76.3%
Growth
+32.3%
Access
0.1% tariff
Signal
Accelerating

Destination

Ghana

Latest exports
$9.8M
Market share
97.9%
Growth
+18.8%
Access
0.1% tariff
Signal
Accelerating

Destination

Philippines

Latest exports
$9.4M
Market share
91.6%
Growth
+7.6%
Access
FTA reported
Signal
Growing

Destination

Algeria

Latest exports
$7.8M
Market share
60.1%
Growth
+197.9%
Access
0.2% tariff
Signal
Accelerating

Destination

Colombia

Latest exports
$2.2M
Market share
13.1%
Growth
+74.5%
Access
0.1% tariff
Signal
Accelerating

Destination

Egypt

Latest exports
$2.2M
Market share
12.4%
Growth
+196.9%
Access
0.3% tariff
Signal
Accelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$1.9M
Market share
1.8%
Growth
+162.5%
Access
0% tariff
Signal
Accelerating

Destination

Honduras

Latest exports
$1.5M
Market share
11.9%
Growth
+50.1%
Access
0.1% tariff
Signal
Growing

Destination

Brazil

Latest exports
$1.4M
Market share
13.6%
Growth
+14.7%
Access
0.3% tariff
Signal
Growing

Destination

Peru

Latest exports
$1.4M
Market share
7.8%
Growth
+88.7%
Access
FTA reported
Signal
Accelerating

Destination

Former Arab Republic of Yemen

Latest exports
$1.3M
Market share
6.1%
Growth
+133.8%
Access
0.1% tariff
Signal
Accelerating

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

Tunisia: $76.5K / ton.

Lowest reported price

Romania: $31.1 / ton.

Median price

$921.6 / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 721621 where available.

YearExportsYear-on-year changeActive destinations
2010$66.0M+33.9%147
2011$90.2M+36.7%145
2012$120.1M+33.2%156
2013$131.9M+9.8%165
2014$167.8M+27.3%178
2015$199.1M+18.6%173
2016$162.9M-18.2%178
2017$117.9M-27.6%177
2018$143.6M+21.8%175
2019$101.9M-29.1%176
2020$105.5M+3.6%176
2021$108.4M+2.7%173
2022$203.4M+87.6%172
2023$264.5M+30.1%183
2024$247.0M-6.6%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 721621.

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: l sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm 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.