Buyer Market Demand Explorer

Buyer markets for of iron or steel

A reported trade view for HS 731940, with available observations through 2024.

HS6 731940Coverage 1995-2024Updated 2026-08-14
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Largest buyer

Indonesia$19.2M

Buyer markets

200Reported markets

Top market suppliers

61For the largest buyer

Latest global trade

$144.0MYear: 2024

Reported observations

Buyer market evidence

Markets ranked by latest reported import value.

Buyer marketLatest imports5-year growthSuppliersLeading supplier
Indonesia$19.2M-4.7%61China
USA$15.1M-3.9%52China
Canada$8.7M+3.3%50USA
Malaysia$7.6M-1.2%42Singapore
Philippines$6.1M+1.7%30Japan
Saudi Arabia$5.6M+40%36China
Republic of Korea$4.6M-7.2%38USA
India$4.3M+2.8%42China
Thailand$3.7M-8.8%32China
China$3.6M-6.6%36Japan
Germany$3.6M-5.2%48China
Japan$3.4M-1.6%28China
Spain$2.9M+23%42France
Singapore$2.7M-16.4%35Taiwan
Bangladesh$2.6M+12%12China
United Kingdom$2.6M+1.7%41China
Italy$2.3M+12.8%37France
Austria$2.3M+41.3%38Germany
Mexico$2.2M-2.9%35China
Egypt$2.1M+3.1%15China
Netherlands$1.7M+2%56Germany
Poland$1.7M+12%41France
South Africa$1.6M-3.2%42Thailand
France$1.5M-5.6%54China
Viet Nam$1.5M-11.7%14China
United Arab Emirates$1.3M+6.1%47China
Turkey$1.3M-1.2%34China
Algeria$1.1M+17.7%8China
Pakistan$1.1M+15.6%23China
Brazil$1.0M-3.8%26China
Australia$872.8K+2.2%36China
Iraq$837.0K+0.7%8China
Belgium$816.4K-0%42USA
Switzerland, Liechtenstein$788.0K+3.8%41Germany
Chile$781.3K+3.5%17China

Market reading

Which countries buy of iron or steel?

Indonesia is the largest reported buyer market in this view, with imports of $19.2M.

How to use this view

Start with the leading rows in the first table, then use the chart to compare buyer-market demand and supplier breadth for of iron or steel. The second table adds a related reported comparison.

Coverage extends to 2024. Missing values are shown as not reported.

Further comparison

Buyer market price evidence

Available reported unit-value observations by buyer market.

Buyer marketYearTrade valueUSD per ton
Indonesia2023$26.2M$10,985.21
USA2023$21.5M$9,332.7
Malaysia2023$7.3M$7,267.66
Canada2023$7.1M$51,314.94
Republic of Korea2023$5.3M$23,417.69
Germany2023$5.0M$16,814.38
India2023$4.9M$11,287.32
Singapore2023$4.3M$21,433.97
Philippines2023$3.9M$5,630.76
Japan2023$3.3M$15,031.05
South Africa2023$3.0M$11,177.2
China2023$2.9M$63,179
Thailand2023$2.9M$26,261.94
United Arab Emirates2023$2.9M$13,691.37
Saudi Arabia2023$2.6M$3,429.22
Mexico2023$2.6M$7,966.6
Bangladesh2023$2.5M$4,675.73
France2023$2.0M$18,436.07
United Kingdom2023$1.8M$15,307.31
Egypt2023$1.7M$5,442.14

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Latest observed year: 2024. Page updated 2026-08-14.

Source and date

Reported merchandise-trade observations for HS6 products. Coverage shown on this page: 1995-2024. Updated 2026-08-14.

Definitions

Trade value is reported in current US dollars. Unit value is trade value divided by reported quantity and is shown per metric ton where available. Growth is an annualized or year-on-year calculation from reported values.

Reading the data

“Not reported” means a value was not available for this view. Values can be revised as reporting is updated. See the methodology for coverage and classification details.