Highest observed
Ecuador
$1.6M/tPremium
Export price comparison
China iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight less than 0.25% of carbon, other than rectangular or square cross-section export prices (HS6 720719)
Compare China export unit values across reported markets, then see which destinations sit above, near, or below their market median.
Price spread
86,721.8%Highest versus lowest market priceTotal trade value
$411.3MReported value across marketsAverage quantity
2,397 tAverage reported market quantityMarkets compared
107Markets with price observationsPrice snapshot
How does China price iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight less than 0.25% of carbon, other than rectangular or square cross-section globally?
China has a median reported export price of $1.8K/t across 107 markets. Across the reported period, the highest observed market price is $1.6M/t in Ecuador; the lowest is $0.6/t in Papua New Guinea.
Price range
From the lowest to highest reported price
Reported unit values are shown per metric ton. The range uses all reported market-year observations. The market comparison below shows the latest reported year for each destination.
Lowest
$0.6/tPapua New GuineaMedian
$1.8K/tHighest
$1.6M/tEcuador
$0.6/tPapua New GuineaMedian
$1.8K/tHighest
$1.6M/tEcuador
Lowest observed
Papua New Guinea
$0.6/tMid
Destination comparison
Latest prices and market change
Compare the latest reported price with each market median, then review year-over-year movement and change since the first reported year. Period totals use the reported years shown; missing years are not filled in.
Guatemala2023 · 2023
Below- Latest price
- $594.5/t
- Vs median
- -50.5%
- Year-over-year
- Not reported
- Since 2023
- +0%
- Trade value (2023)
- $59.4M
- Years reported
- 1
Indonesia2023 · 2017–2023
Below- Latest price
- $527.8/t
- Vs median
- -61.8%
- YoY (2022–2023)
- -33.2%
- Since 2017
- +20.5%
- Trade value (2017–2023)
- $182.5M
- Years reported
- 5
United Rep. of Tanzania2023 · 2017–2023
Mid- Latest price
- $639.4/t
- Vs median
- +0%
- YoY (2019–2023)
- +21.8%
- Since 2017
- +41.6%
- Trade value (2017–2023)
- $14.4M
- Years reported
- 3
India2023 · 2017–2023
Below- Latest price
- $630.6/t
- Vs median
- -55%
- YoY (2022–2023)
- -16.6%
- Since 2017
- -5.7%
- Trade value (2017–2023)
- $17.8M
- Years reported
- 5
Thailand2023 · 2017–2023
Below- Latest price
- $540.8/t
- Vs median
- -95%
- YoY (2022–2023)
- -98.6%
- Since 2017
- +30.4%
- Trade value (2017–2023)
- $16.8M
- Years reported
- 5
Italy2023 · 2017–2023
Below- Latest price
- $1.4K/t
- Vs median
- -37%
- YoY (2022–2023)
- +28.3%
- Since 2017
- -36.3%
- Trade value (2017–2023)
- $7.4M
- Years reported
- 5
Other Asia, nes2023 · 2017–2023
Mid- Latest price
- $563.7/t
- Vs median
- -1.4%
- YoY (2022–2023)
- -99.9%
- Since 2017
- +36.5%
- Trade value (2017–2023)
- $16.8M
- Years reported
- 5
Belgium2023 · 2019–2023
Below- Latest price
- $605.1/t
- Vs median
- -91.8%
- YoY (2022–2023)
- -82.2%
- Since 2019
- -77.4%
- Trade value (2019–2023)
- $3.3M
- Years reported
- 3
Ethiopia2023 · 2019–2023
Mid- Latest price
- $869.3/t
- Vs median
- +3.4%
- YoY (2022–2023)
- -76.1%
- Since 2019
- +79.6%
- Trade value (2019–2023)
- $4.8M
- Years reported
- 4
Saudi Arabia2023 · 2017–2023
Mid- Latest price
- $1.5K/t
- Vs median
- -0%
- YoY (2022–2023)
- +29.9%
- Since 2017
- -5.2%
- Trade value (2017–2023)
- $5.4M
- Years reported
- 3
United Kingdom2023 · 2017–2023
Below- Latest price
- $2.9K/t
- Vs median
- -54.1%
- YoY (2022–2023)
- -40.1%
- Since 2017
- +72.4%
- Trade value (2017–2023)
- $15.2M
- Years reported
- 5
Republic of Korea2023 · 2017–2023
Below- Latest price
- $1.4K/t
- Vs median
- -69.1%
- YoY (2022–2023)
- -21.4%
- Since 2017
- +1%
- Trade value (2017–2023)
- $6.7M
- Years reported
- 5
United Arab Emirates2023 · 2019–2023
Below- Latest price
- $596.3/t
- Vs median
- -89.8%
- YoY (2022–2023)
- +20.5%
- Since 2019
- -81.8%
- Trade value (2019–2023)
- $9.0M
- Years reported
- 4
Sudan2017 · 2017
Mid- Latest price
- $1.3K/t
- Vs median
- -0%
- Year-over-year
- Not reported
- Since 2017
- +0%
- Trade value (2017)
- $1.3M
- Years reported
- 1
Spain2023 · 2017–2023
Below- Latest price
- $930.9/t
- Vs median
- -77.7%
- YoY (2022–2023)
- -32.4%
- Since 2017
- -96.6%
- Trade value (2017–2023)
- $1.9M
- Years reported
- 5
Ecuador2023 · 2022–2023
Above- Latest price
- $1.6M/t
- Vs median
- +16,375%
- YoY (2022–2023)
- +4,910.4%
- Since 2022
- +4,910.4%
- Trade value (2022–2023)
- $41.8K
- Years reported
- 2
Papua New Guinea2023 · 2019–2023
Mid- Latest price
- $6.1/t
- Vs median
- +0%
- YoY (2022–2023)
- -98.9%
- Since 2019
- +944.6%
- Trade value (2019–2023)
- $96.9K
- Years reported
- 4
| Market | Latest year | Latest price | Vs median | Year-over-year change | Since first year | Trade value (2023) | Years reported | Position |
|---|---|---|---|---|---|---|---|---|
| Guatemala | 2023 | $594.5/t | -50.5% | Not reported | +0% | $59.4M | 1 | Below |
| Indonesia | 2023 | $527.8/t | -61.8% | -33.2% | +20.5% | $182.5M | 5 | Below |
| United Rep. of Tanzania | 2023 | $639.4/t | +0% | +21.8% | +41.6% | $14.4M | 3 | Mid |
| India | 2023 | $630.6/t | -55% | -16.6% | -5.7% | $17.8M | 5 | Below |
| Thailand | 2023 | $540.8/t | -95% | -98.6% | +30.4% | $16.8M | 5 | Below |
| Italy | 2023 | $1.4K/t | -37% | +28.3% | -36.3% | $7.4M | 5 | Below |
| Other Asia, nes | 2023 | $563.7/t | -1.4% | -99.9% | +36.5% | $16.8M | 5 | Mid |
| Belgium | 2023 | $605.1/t | -91.8% | -82.2% | -77.4% | $3.3M | 3 | Below |
| Ethiopia | 2023 | $869.3/t | +3.4% | -76.1% | +79.6% | $4.8M | 4 | Mid |
| Saudi Arabia | 2023 | $1.5K/t | -0% | +29.9% | -5.2% | $5.4M | 3 | Mid |
| United Kingdom | 2023 | $2.9K/t | -54.1% | -40.1% | +72.4% | $15.2M | 5 | Below |
| Republic of Korea | 2023 | $1.4K/t | -69.1% | -21.4% | +1% | $6.7M | 5 | Below |
| United Arab Emirates | 2023 | $596.3/t | -89.8% | +20.5% | -81.8% | $9.0M | 4 | Below |
| Sudan | 2017 | $1.3K/t | -0% | Not reported | +0% | $1.3M | 1 | Mid |
| Spain | 2023 | $930.9/t | -77.7% | -32.4% | -96.6% | $1.9M | 5 | Below |
| Ecuador | 2023 | $1.6M/t | +16,375% | +4,910.4% | +4,910.4% | $41.8K | 2 | Above |
| Papua New Guinea | 2023 | $6.1/t | +0% | -98.9% | +944.6% | $96.9K | 4 | Mid |
Annual trend and growth
How reported export prices changed by year
Weighted unit value is calculated from total reported trade value divided by total reported quantity for each year. Growth compares with the prior reported year; gaps are not interpolated.
Reported weighted unit value per metric ton
2017$470.4/tFirst reported year
2019$321.1/t-31.7% vs prior reported year
2020$1.7K/t+427.5% vs prior reported year
2022$823.1/t-51.4% vs prior reported year
2023$627.7/t-23.7% vs prior reported year
| Year | Weighted price | Change vs prior reported year | Trade value | Markets |
|---|---|---|---|---|
| 2017 | $470.4/t | Not reported | $176.9M | 50 |
| 2019 | $321.1/t | -31.7% | $22.5M | 63 |
| 2020 | $1.7K/t | +427.5% | $14.9M | 59 |
| 2022 | $823.1/t | -51.4% | $61.8M | 65 |
| 2023 | $627.7/t | -23.7% | $135.3M | 74 |
Price history
How selected market prices changed over time
Recent reported unit values for the leading markets in this price view.
Guatemala
Budget$594.5/t latest reported unit value
Indonesia
Budget$527.8/t latest reported unit value
United Rep. of Tanzania
Mid$639.4/t latest reported unit value
India
Budget$630.6/t latest reported unit value
Thailand
Budget$540.8/t latest reported unit value
Interpretation
Use price position with context
How to read this comparison
Where does the exporter sit in the price range?
China is compared with each market's own median rather than a single global average. A below-median position can indicate a lower observed unit value, while an above-median position indicates a higher one. Neither position alone establishes profitability.
Methodology and coverage
From reported trade to market position
The page turns reported trade into a comparable unit value, then compares each market with its own median.
Reported input
Unit value
For each market and year, trade value is divided by the reported quantity.
Unit valueTrade value (USD) ÷ Quantity (metric tons)
Market comparison
Vs market median
The result is compared with the median reported unit value for the same product and year.
Vs median(Market unit value − Market median) ÷ Market median × 100
AboveMidBelow
Common questions
Price positioning FAQ
What does China price positioning show for HS 720719?
It compares China's reported unit values across markets with each market's median for the same product and year.
What does above or below median mean?
Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.
How is the export price calculated?
The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.
Can I compare this with the wider Iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight less than 0.25% of carbon, other than rectangular or square cross-section market?
Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.
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