# Russia Iron or non-alloy steel: semi-finished products of iron or non-alloy steel: containing by weight less than 0.25% of carbon, of rectangular (other than square) cross-section price positioning (HS 720712)

Canonical: https://www.yugalinks.com/trade/price-exporter/rus/720712
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Russia has a median reported export price of $519.4/t across 39 markets. Across the reported period, the highest observed price is $2.6K/t in Kazakhstan; the lowest is $50.2/t in Thailand.

## Summary

- Price spread: 497.3%
- Total trade value: $20.4B
- Average quantity: 358,242 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Turkey | 2023 | $553.8/t | -7.9% | -10.2% | +29.9% | $3.2B | 5 | Mid |
| Belgium | 2023 | $539.6/t | -24% | -21.4% | +20.7% | $3.5B | 5 | Mid |
| Mexico | 2020 | $353.6/t | -28.6% | -13.8% | -18.1% | $2.3B | 3 | Below |
| Italy | 2023 | $598.9/t | -12.1% | -10.3% | -4.4% | $1.7B | 5 | Mid |
| Indonesia | 2023 | $532.8/t | -64.2% | -22.8% | +28.6% | $1.6B | 5 | Below |
| China | 2023 | $465.8/t | -2.6% | -21% | +294% | $1.6B | 4 | Mid |
| Other Asia, nes | 2023 | $509.3/t | -9.7% | +2.1% | -11.5% | $1.8B | 4 | Mid |
| Czechia | 2023 | $672.6/t | -38.6% | -13.2% | +54.8% | $1.1B | 5 | Below |
| Denmark | 2023 | $611.6/t | -43.8% | -11% | +25.9% | $1.5B | 5 | Below |
| USA, Puerto Rico and US Virgin Islands | 2022 | $798.9/t | -9.9% | +64.4% | +139.5% | $763.1M | 4 | Mid |
| Brazil | 2023 | $542.2/t | -15.3% | -6.6% | +20.6% | $221.0M | 4 | Mid |
| France | 2023 | $562.5/t | -48.2% | -26.2% | +65.2% | $167.1M | 5 | Below |
| India | 2023 | $679.8/t | -87.2% | +28.3% | +26% | $139.4M | 4 | Below |
| Poland | 2022 | $644.2/t | -45.1% | +459.3% | +906.5% | $85.8M | 4 | Below |
| The former Yugoslav Republic of Macedonia | 2022 | $698.1/t | -15.4% | +189.6% | +57.2% | $87.3M | 4 | Mid |
| Thailand | 2023 | $505.0/t | -18.6% | -28.2% | +906.4% | $114.8M | 3 | Mid |
| Kazakhstan | 2023 | $2.6K/t | -61.4% | +112.4% | +849.5% | $42.6K | 5 | Below |

## Price history

- Turkey: 2017 $426.3/t, 2019 $426.2/t, 2020 $519.4/t, 2022 $616.5/t, 2023 $553.8/t
- Belgium: 2017 $447.0/t, 2019 $417.6/t, 2020 $365.0/t, 2022 $686.4/t, 2023 $539.6/t
- Mexico: 2017 $431.7/t, 2019 $410.4/t, 2020 $353.6/t
- Italy: 2017 $626.8/t, 2019 $701.9/t, 2020 $589.3/t, 2022 $667.6/t, 2023 $598.9/t
- Indonesia: 2017 $414.3/t, 2019 $677.9/t, 2020 $541.3/t, 2022 $690.2/t, 2023 $532.8/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $449.3/t | Not reported | $4.1B | 23 |
| 2019 | $445.0/t | -1% | $3.9B | 31 |
| 2020 | $425.9/t | -4.3% | $3.0B | 25 |
| 2022 | $650.5/t | +52.7% | $5.5B | 18 |
| 2023 | $553.9/t | -14.8% | $3.9B | 16 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 39 importer markets; 113 reported market-year observations.

## FAQ

### What does Russia price positioning show for HS 720712?

It compares Russia'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, of rectangular (other than 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.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "RUS",
  "hs_code": "720712",
  "summary": {
    "num_markets": 39,
    "highest_price_importer_iso3": "KAZ",
    "highest_price_usd_per_ton": 2633.3333333333335,
    "lowest_price_importer_iso3": "THA",
    "lowest_price_usd_per_ton": 50.17761968931365,
    "median_price_across_markets": 519.3847764808388,
    "price_spread_pct": 497.3491389459925,
    "avg_quantity_metric_tons": 358241.6799734514,
    "total_trade_value_usd": 20438107059
  },
  "marketRows": [
    {
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      "price_vs_median_pct": -7.941711982488612,
      "price_position": "Mid"
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