# Of Iron Or Steel trade prices and signals | HS 731940 | Yugalinks

The featured reported corridor is China to USA, with a unit value of $17,717.17 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | China to USA | $7,783.69 | $29,483.87 | -73.6% | 1,581.8 t |
| 2023 | Japan to Indonesia | $20,332.1 | $26,841.39 | -24.3% | 309 t |
| 2023 | China to Indonesia | $2,850.45 | $26,841.39 | -89.4% | 1,388.1 t |
| 2023 | USA to Canada | $658,534.65 | $59,500 | +1,006.8% | 5.1 t |
| 2023 | China to India | $9,114.8 | $31,897 | -71.4% | 366.4 t |
| 2023 | USA to Republic of Korea | $712,299.55 | $153,298.16 | +364.6% | 3.8 t |
| 2023 | Thailand to Indonesia | $16,409.77 | $26,841.39 | -38.9% | 155.5 t |
| 2023 | China to Bangladesh | $4,624.92 | $17,979.44 | -74.3% | 525.3 t |
| 2023 | USA to Indonesia | $23,493.45 | $26,841.39 | -12.5% | 99.2 t |
| 2023 | Other Asia, nes to USA | $8,904.62 | $29,483.87 | -69.8% | 238.9 t |
| 2023 | Malaysia to USA | $10,418.57 | $29,483.87 | -64.7% | 203.3 t |
| 2023 | China to Malaysia | $4,209.72 | $11,666.67 | -63.9% | 497.7 t |
| 2023 | Singapore to Indonesia | $23,790.99 | $26,841.39 | -11.4% | 87.8 t |
| 2023 | Singapore to Malaysia | $31,411.52 | $11,666.67 | +169.2% | 63.8 t |
| 2023 | China to Thailand | $21,839.53 | $32,351.15 | -32.5% | 90.8 t |
| 2023 | Thailand to South Africa | $17,397.16 | $30,600 | -43.1% | 109.8 t |
| 2023 | China to Egypt | $5,410.44 | $26,000 | -79.2% | 321.4 t |
| 2023 | China to Germany | $9,039.76 | $26,472.22 | -65.9% | 191.6 t |
| 2023 | China to Philippines | $4,148.93 | $99,861 | -95.8% | 411.8 t |
| 2023 | China to Canada | $15,733.72 | $59,500 | -73.6% | 107.2 t |
| 2023 | Malaysia to Germany | $27,562.7 | $26,472.22 | +4.1% | 59.5 t |
| 2023 | Republic of Korea to USA | $28,056.31 | $29,483.87 | -4.8% | 57.8 t |
| 2023 | Japan to USA | $12,684.68 | $29,483.87 | -57% | 124.5 t |
| 2023 | United Arab Emirates to Saudi Arabia | $2,352.27 | $51,248.95 | -95.4% | 632.5 t |
| 2023 | Italy to Indonesia | $24,266.38 | $26,841.39 | -9.6% | 59.9 t |
| 2023 | China to Japan | $11,614.04 | $72,000 | -83.9% | 115.9 t |
| 2023 | Japan to China | $54,560.64 | $48,957.75 | +11.4% | 24.3 t |
| 2023 | China to Mexico | $4,644.26 | $23,924.81 | -80.6% | 281.5 t |
| 2023 | Germany to Indonesia | $42,340.3 | $26,841.39 | +57.7% | 29.1 t |
| 2023 | Brazil to United Arab Emirates | $1,007,561.92 | $19,489.42 | +5,069.8% | 1.2 t |
| 2023 | Malaysia to Singapore | $15,056.01 | $31,000 | -51.4% | 75.8 t |
| 2023 | Japan to Canada | $576,360.63 | $59,500 | +868.7% | 2 t |
| 2023 | China to Algeria | $4,855.09 | $45,942.31 | -89.4% | 233 t |
| 2023 | China to Turkey | $2,299.95 | $17,025 | -86.5% | 470.5 t |
| 2023 | Other Asia, nes to Singapore | $99,168.34 | $31,000 | +219.9% | 10.6 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $9.7M | +20% | +6% |
| 2011 | $9.5M | -2.9% | +0.2% |
| 2012 | $10.4M | +10.2% | +8.7% |
| 2013 | $9.9M | -5.2% | +0.5% |
| 2014 | $9.9M | -0.1% | +1.5% |
| 2015 | $9.9M | +0.5% | -1.6% |
| 2016 | $8.7M | -12.1% | -4.1% |
| 2017 | $8.6M | -1.2% | -4.5% |
| 2018 | $7.7M | -11% | -8.2% |
| 2019 | $7.5M | -2.6% | -5% |
| 2020 | $7.0M | -6% | -6.6% |
| 2021 | $8.4M | +19% | +2.9% |
| 2022 | $11.1M | +32.7% | +14.1% |
| 2023 | $10.4M | -6.1% | +14% |
| 2024 | $10.3M | -1% | +7.3% |

_Source: reported merchandise trade data. Updated 2026-08-14._