# Russia Iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight 0.25% or more of carbon price positioning (HS 720720)

Canonical: https://www.yugalinks.com/trade/price-exporter/rus/720720
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Russia has a median reported export price of $556.0/t across 61 markets. Across the reported period, the highest observed price is $635.8K/t in Other Asia, nes; the lowest is $70.2/t in Tunisia.

## Summary

- Price spread: 114,345.6%
- Total trade value: $4.5B
- Average quantity: 49,564 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Other Asia, nes | 2023 | $551.8/t | -8.3% | -99.9% | -9.6% | $1.3B | 5 | Mid |
| Kazakhstan | 2023 | $682.8/t | -73.9% | -4.9% | -10.4% | $662.3M | 5 | Below |
| Philippines | 2023 | $539.4/t | -9.8% | -14% | +29.2% | $873.0M | 5 | Mid |
| Tunisia | 2023 | $527.4/t | -41.3% | -16.1% | +17% | $198.7M | 4 | Below |
| Honduras | 2023 | $652.0/t | -85.9% | +127.4% | +60% | $95.2M | 3 | Below |
| Turkey | 2023 | $634.8/t | -68.2% | -8% | +23.4% | $215.0M | 5 | Below |
| China | 2022 | $642.9/t | -55.3% | +67.5% | +67.5% | $33.5M | 2 | Below |
| Saudi Arabia | 2023 | $1.5K/t | -39% | +292.6% | +397.9% | $104.7M | 4 | Below |
| Bulgaria | 2022 | $1.6K/t | -7.7% | +69.8% | +146.5% | $24.4M | 4 | Mid |
| Mexico | 2020 | $419.7/t | -68.2% | -0.9% | -0.9% | $40.6M | 2 | Below |
| Dominican Republic | 2020 | $407.5/t | +0% | -16.6% | +13.2% | $34.6M | 3 | Mid |
| Republic of Korea | 2022 | $627.0/t | -80.9% | +73.2% | +73.2% | $15.3M | 2 | Below |
| Peru | 2020 | $437.3/t | -3.4% | +7.8% | +18.4% | $30.0M | 3 | Mid |
| Ethiopia | 2022 | $857.5/t | -2.1% | +66.7% | +96% | $28.2M | 3 | Mid |
| Indonesia | 2020 | $400.2/t | -5.3% | -17.5% | -53.3% | $95.6M | 3 | Mid |

## Price history

- Other Asia, nes: 2017 $610.5/t, 2019 $596.7/t, 2020 $464.6/t, 2022 $635.8K/t, 2023 $551.8/t
- Kazakhstan: 2017 $761.7/t, 2019 $493.9/t, 2020 $486.8/t, 2022 $718.2/t, 2023 $682.8/t
- Philippines: 2017 $417.6/t, 2019 $434.2/t, 2020 $401.2/t, 2022 $627.6/t, 2023 $539.4/t
- Tunisia: 2019 $450.8/t, 2020 $70.2/t, 2022 $628.9/t, 2023 $527.4/t
- Honduras: 2019 $407.6/t, 2020 $286.8/t, 2023 $652.0/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $488.3/t | Not reported | $771.4M | 39 |
| 2019 | $461.8/t | -5.4% | $1.3B | 46 |
| 2020 | $416.3/t | -9.9% | $579.3M | 41 |
| 2022 | $1.0K/t | +142% | $989.6M | 26 |
| 2023 | $599.5/t | -40.5% | $873.2M | 15 |

## 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; 61 importer markets; 167 reported market-year observations.

## FAQ

### What does Russia price positioning show for HS 720720?

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 0.25% or more of carbon 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": "720720",
  "summary": {
    "num_markets": 61,
    "highest_price_importer_iso3": "S19",
    "highest_price_usd_per_ton": 635805.828196926,
    "lowest_price_importer_iso3": "TUN",
    "lowest_price_usd_per_ton": 70.23317069016802,
    "median_price_across_markets": 555.977229601518,
    "price_spread_pct": 114345.61726239805,
    "avg_quantity_metric_tons": 49563.67220958083,
    "total_trade_value_usd": 4537514331
  },
  "marketRows": [
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  "trendRows": [
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