HS2 sector intelligence

Articles of iron or steel
sector trade overview

A clear view of the articles of iron or steel economy: scale, momentum, market concentration, leading routes, and the products within it.

HS2 731995–2024 coverageStable
Explore the workspace Reported trade intelligence
Refreshed 2026-07-20
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$368.5BGlobal sector value
02

Annual change

-3.1%Latest year on year
03

Exporters

200Active reporting countries
04

Importers

200Active reporting countries
05

HS6 products

124Classifications in sector

The sector read

$368.5B in trade, with +2.2% annualized growth over three years.

Articles of iron or steel is recorded across 17,366 active corridors, with 200 exporters and 200 importers in the latest available year.

Market signalStable+3.9% five-year CAGR

Annual trend

Momentum across three decades

Reported global trade from 1995 to 2024. Missing years remain unavailable rather than estimated. Read the methodology ↗

Annual sector tradeReported global trade from 1995 to 2024.1995: $75.4B1996: $79.0B1997: $81.7B1998: $84.1B1999: $84.6B2000: $88.1B2001: $90.3B2002: $96.9B2003: $112.0B2004: $143.1B2005: $169.6B2006: $207.2B2007: $256.8B2008: $309.7B2009: $230.0B2010: $245.7B2011: $296.3B2012: $301.5B2013: $304.3B2014: $313.0B2015: $279.2B2016: $257.5B2017: $279.9B2018: $312.7B2019: $304.5B2020: $276.8B2021: $345.6B2022: $385.6B2023: $372.5B2024: $368.5B
Reported global trade by year.

Top trade corridors

Where this sector moves

The leading exporter-to-importer relationships by latest reported sector trade value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$13.3B-3.2%12211,883 kmNo
2MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$7.5B+4.2%1173,359 kmYes
3USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$6.8B+6.6%1243,359 kmYes
4CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$5.7B+3.1%124556 kmYes
5USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$5.6B-0.5%124556 kmYes
6ChinaCHNRepublic of KoreaKOR$4.7B+6.3%124867 kmYes
7ChinaCHNJapanJPN$3.9B-2.6%1201,763 kmNo
8ChinaCHNThailandTHA$3.9B+14.5%1232,887 kmYes
9ChinaCHNViet NamVNM$3.8B+7.3%1232,732 kmYes
10PolandPOLGermanyDEU$3.4B-0.3%120518 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings are separated so scale on one side of the market is not mistaken for demand on the other. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$98.6B200124
2GermanyDEU$33.4B191124
3USA, Puerto Rico and US Virgin IslandsUSA$22.1B192124
4ItalyITA$20.8B189124
5JapanJPN$11.0B187124
6PolandPOL$10.7B177124
7TurkeyTUR$10.0B191124
8Republic of KoreaKOR$9.8B185124
9IndiaIND$9.8B193124
10MexicoMEX$9.7B147124
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$52.8B171124
2GermanyDEU$27.4B157124
3FranceFRA$14.2B185124
4MexicoMEX$12.4B114124
5CanadaCAN$12.0B184124
6United KingdomGBR$11.2B158124
7NetherlandsNLD$9.1B158124
8ItalyITA$8.6B131124
9ChinaCHN$8.5B167124
10PolandPOL$8.1B150124

HS6 product coverage

The classifications inside this sector

Explore the six-digit product classifications that make up HS2 73.

139 classifications shownBrowse the product workspace ↗
01
Iron or steel: sheet piling, whether or not drilled, punched or made from assembled elementsHS6 730110
02
Iron or steel: angles, shapes and sections, weldedHS6 730120
03
Iron or steel, railway or tramway track construction material: railsHS6 730210
04
Iron or steel, railway or tramway track construction material: sleepers (cross-ties)HS6 730220
05
Iron or steel, railway or tramway track construction material: switch blades, crossing frogs, point rods and other crossing piecesHS6 730230
06
Iron or steel, railway or tramway track construction material: fish-plates and sole platesHS6 730240
07
Iron or steel, railway or tramway track construction material: n.e.c. in heading no. 7302HS6 730290
08
Cast iron: tubes, pipes and hollow profilesHS6 730300
09
Iron or steel (other than cast iron): seamless, line pipe of a kind used for oil or gas pipelinesHS6 730410
10
Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steelHS6 730411
11
Iron or steel (excluding cast iron or stainless steel): seamless, line pipe of a kind used for oil or gas pipelinesHS6 730419
12
Iron or steel (other than cast iron): seamless casing, tubing and drill pipe, of a kind used in drilling for oil or gasHS6 730420
13
Iron or steel: drill pipe, of a kind used in drilling for oil or gasHS6 730421
14
Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gasHS6 730422
15
Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gasHS6 730423
16
Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gasHS6 730424
17
Iron or steel: casing and tubing, of a kind used in drilling for oil or gasHS6 730429
18
Iron or non-alloy steel (excluding cast iron): seamless, cold-drawn or cold-rolled, tubes, pipes and hollow profiles of circular cross-sectionHS6 730431
19
Iron or non-alloy steel (excluding cast iron): seamless, (excluding cold-drawn or cold-rolled), tubes, pipes and hollow profiles of circular cross-sectionHS6 730439
20
Steel, stainless: cold-drawn or cold-rolled (cold-reduced), tubes and pipes of circular cross-sectionHS6 730441
21
Steel, stainless: (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectionHS6 730449
22
Steel, alloy (not stainless steel): seamless, cold-drawn or cold-rolled (cold-reduced), tubes, pipes and hollow profiles of circular cross-sectionHS6 730451
23
Steel, alloy (not stainless steel): (excluding cold-drawn or cold-rolled), tubes, pipes and hollow profiles of circular cross-sectionHS6 730459
24
Iron or steel (excluding cast iron): seamless, tubes, pipes and hollow profiles, seamless, n.e.c. in heading no. 7304HS6 730490
25
Iron or steel (excluding cast iron): line pipe of a kind used for oil or gas pipelines (not seamless), longitudinally submerged arc welded, having circular cross-sections, external diameter exceeds 406.4mmHS6 730511
26
Iron or steel (excluding cast iron): line pipe of a kind used for oil or gas pipelines (not seamless), longitudinally welded (not submerged arc welded), having circular cross-sections, external diameter exceeds 406.4mmHS6 730512
27
Iron or steel: line pipe of a kind used for oil or gas pipelines, (other than longitudinally welded), external diameter exceeds 406.4mmHS6 730519
28
Iron or steel: casing of a kind used in drilling for oil or gas, external diameter exceeds 406.4mmHS6 730520
29
Iron or steel: tubes and pipes (other than line pipe or casing of a kind used for oil or gas pipelines), longitudinally welded, external diameter exceeds 406.4mmHS6 730531
30
Iron or steel (excluding cast iron): tubes and pipes (other than line pipe or casing of a kind used for oil or gas pipelines), welded (not longitudinally welded), having circular cross-sections, external diameter exceeds 406.4mm, (not seamless)HS6 730539
31
Iron or steel: tubes and pipes, n.e.s. in heading no. 7305, external diameter exceeds 406.4mmHS6 730590
32
Iron or steel: line pipe of a kind used for oil or gas pipelines, n.e.s.HS6 730610
33
Steel: stainless: line pipe of a kind used for oil or gas pipelines n.e.c. in chapter 73, welded, (not seamless)HS6 730611
34
Iron or steel (excluding cast iron): line pipe of a kind used for oil or gas pipelines (other than of stainless steel or seamless), n.e.c. in chapter 73HS6 730619
35
Iron or steel: casing and tubing of a kind used in drilling for oil and gas, n.e.s.HS6 730620
36
Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless)HS6 730621
37
Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73HS6 730629
38
Iron or non-alloy steel: tubes and pipes, welded, of circular cross-sectionHS6 730630
39
Steel, stainless: tubes and pipes, welded, of circular cross-sectionHS6 730640
40
Steel, alloy: tubes, pipes and hollow profiles (other than stainless steel or seamless), welded, of circular cross-section, n.e.c. in chapter 73HS6 730650
41
Iron or steel: n.e.s. in heading no. 7306, tubes, pipes and hollow profiles, welded, of non-circular cross-sectionHS6 730660
42
Iron or steel (excluding cast iron): tubes, pipes and hollow profiles (not seamless), welded, of square or rectangular cross-section, n.e.c. in chapter 73HS6 730661
43
Iron or steel (excluding cast iron): tubes, pipes and hollow profiles (not seamless), n.e.c. in chapter 73, welded, of non-circular cross-section (not square or rectangular cross-section)HS6 730669
44
Iron or steel: tubes, pipes and hollow profiles n.e.s. in heading no. 7306HS6 730690
45
Cast iron: cast fittings, of non-malleable cast ironHS6 730711
46
Iron or steel: cast fittings, other than of non-malleable cast ironHS6 730719
47
Steel, stainless: tube or pipe fittings, flanges, of stainless steelHS6 730721
48
Steel, stainless: tube or pipe fittings, threaded elbows, bends and sleevesHS6 730722
49
Steel, stainless: tube or pipe fittings, butt welding fittingsHS6 730723
50
Steel, stainless: tube or pipe fittings, n.e.c. in item no. 7307.2HS6 730729
51
Iron or steel: tube or pipe fittings, flanges, other than stainless steelHS6 730791
52
Iron or steel: tube or pipe fittings, threaded elbows, bends and sleeves, other than stainless steelHS6 730792
53
Iron or steel: tube or pipe fittings, butt welding fittings, other than stainless steelHS6 730793
54
Iron or steel: tube or pipe fittings, n.e.c. in item no. 7307.9, other than stainless steelHS6 730799
55
Iron or steel: structures and parts thereof, bridges and bridge-sectionsHS6 730810
56
Iron or steel: structures and parts thereof, towers and lattice mastsHS6 730820
57
Iron or steel: structures and parts thereof, doors, windows and their frames and thresholds for doorsHS6 730830
58
Iron or steel: structures and parts thereof, props and similar equipment for scaffolding, shuttering or pit-proppingHS6 730840
59
Iron or steel: structures and parts thereof, n.e.s. in heading no. 7308HS6 730890
60
Reservoirs, tanks, vats and similar containers: for any material (excluding compressed or liquefied gas), of iron or steel, capacity exceeding 300l, whether or not lined or heat insulatedHS6 730900
61
Tanks, casks, drums, cans, boxes and similar containers, for any material (excluding compressed or liquefied gas), 50l or more capacity but not exceeding 300lHS6 731010
62
Cans: which are to be closed by soldering or crimping, for any material (excluding compressed or liquefied gas), less than 50l capacity, of iron or steelHS6 731021
63
Tanks, casks, drums, boxes and similar containers for any material (excluding compressed or liquefied gas) less than 50l capacity, n.e.s. in item no. 7310.2, of iron or steelHS6 731029
64
Containers for compressed or liquefied gas, of iron or steelHS6 731100
65
Iron or steel: stranded wire, ropes and cables, not electrically insulatedHS6 731210
66
Iron or steel: plaited bands, slings and the like, not electrically insulatedHS6 731290
67
Iron of steel: barbed wire, twisted hoop or single flat wire and loosely twisted double wire, used for fencingHS6 731300
68
Iron or steel: wire cloth (including endless bands), woven products, of stainless steelHS6 731411
69
Iron or steel: woven cloth, endless bands for machinery, of stainless steelHS6 731412
70
Iron or steel: woven cloth, endless bands for machinery, (not of stainless steel)HS6 731413
71
Iron or steel: woven cloth, of stainless steel, (other than endless bands for machinery)HS6 731414
72
Iron or steel: woven cloth, other than of stainless steelHS6 731419
73
Iron or steel wire: grill, netting and fencing, welded at intersections, of wire with a maximum cross-sectional dimension of 3mm or more and mesh size 100cm2 or moreHS6 731420
74
Iron or steel wire: grill, netting and fencing, welded at intersections, n.e.s. in item no. 7314.2HS6 731430
75
Iron or steel wire: grill, netting and fencing, welded at the intersection, n.e.c. in item no. 7314.20, plated or coated with zincHS6 731431
76
Iron or steel wire: grill, netting and fencing, welded at the intersection, n.e.c. in item no. 7314.20, (other than plated or coated with zinc)HS6 731439
77
Iron or steel wire: grill, netting and fencing, plated or coated with zincHS6 731441
78
Iron or steel wire: grill, netting and fencing, coated with plasticHS6 731442
79
Iron or steel wire: grill, netting and fencing, coated with materials other than zinc or plasticHS6 731449
80
Iron or steel: expanded metalHS6 731450
81
Chain: articulated link, roller, of iron or steelHS6 731511
82
Chain: articulated link, (other than roller), of iron or steelHS6 731512
83
Chain: articulated link parts, of iron or steelHS6 731519
84
Chain: skid, articulated link chain and parts thereof, of iron or steelHS6 731520
85
Chain: stud-link chain, of iron or steelHS6 731581
86
Chain: welded link chain, of iron or steelHS6 731582
87
Chain: n.e.c. in heading no. 7315, of iron or steelHS6 731589
88
Chain: parts n.e.c. in heading no. 7315, of iron or steelHS6 731590
89
Iron or steel: anchors, grapnels and parts thereofHS6 731600
90
Iron or steel: nails, tacks, drawing pins, corrugated nails, staples (not those of heading no. 8305) and the like, with heads of other material or not, but excluding articles with heads of copperHS6 731700
91
Iron or steel: threaded coach screwsHS6 731811
92
Iron or steel: threaded wood screws other than coach screwsHS6 731812
93
Iron or steel: threaded screw hooks and screw ringsHS6 731813
94
Iron or steel: threaded self-tapping screwsHS6 731814
95
Iron or steel: threaded screws and bolts n.e.s. in item no. 7318.1, whether or not with their nuts or washersHS6 731815
96
Iron or steel: threaded nutsHS6 731816
97
Iron or steel: threaded screws, bolts and nuts n.e.s. in item no. 7318.1HS6 731819
98
Iron or steel: non-threaded spring washers and other lock washersHS6 731821
99
Iron or steel: non-threaded washers, excluding spring and lockHS6 731822
100
Iron or steel: non-threaded rivetsHS6 731823
101
Iron or steel: non-threaded cotters and cotter-pinsHS6 731824
102
Iron or steel: non-threaded articles, n.e.c. in item no. 7318.2HS6 731829
103
Iron or steel: sewing, darning or embroidery needles, for use in the handHS6 731910
104
Iron or steel: safety pinsHS6 731920
105
Iron or steel: pins, other than safetyHS6 731930
106
Safety pins and other pins: of iron or steelHS6 731940
107
Iron or steel: knitting needles, bodkins, crochet hooks and similar articles, for use in the hand, n.e.s. in heading no. 7319HS6 731990
108
Iron or steel: leaf-springs and leaves thereforHS6 732010
109
Iron or steel: helical springs and leaves for springsHS6 732020
110
Iron or steel: springs n.e.c. in heading no. 7320HS6 732090
111
Cooking appliances and plate warmers: for gas fuel or for both gas and other fuels, of iron or steelHS6 732111
112
Cooking appliances and plate warmers: for liquid fuel, of iron or steelHS6 732112
113
Cooking appliances and plate warmers: for solid fuel, of iron or steelHS6 732113
114
Cooking appliances and plate warmers: for solid fuel and fuels other than gas or liquid, of iron or steelHS6 732119
115
Domestic appliances: non-electric, (other than cookers and plate warmers), for gas fuel or for both gas and other fuels, of iron or steelHS6 732181
116
Domestic appliances: non-electric, (other than cookers and plate warmers), for liquid fuel, of iron or steelHS6 732182
117
Domestic appliances: non-electric, (other than cookers and plate warmers), for solid fuel, of iron or steelHS6 732183
118
Domestic appliances: non-electric, (other than cookers and plate warmers), for solid fuel and fuels other than gas or liquid, of iron or steelHS6 732189
119
Domestic appliances: non-electric, parts thereof, of iron or steelHS6 732190
120
Radiators and parts thereof: for central heating, (not electrically heated), of cast ironHS6 732211
121
Radiators and parts thereof: for central heating, (not electrically heated), of iron or steel other than cast ironHS6 732219
122
Air heaters and hot air distributors, (not electrically heated), incorporating a motor-driven fan or blower and parts thereof, of iron or steelHS6 732290
123
Iron or steel: wool, pot scourers and scouring or polishing pads, gloves and the likeHS6 732310
124
Cast iron: table, kitchen and other household articles and parts thereof, of cast iron, not enamelledHS6 732391
125
Cast iron: table, kitchen and other household articles and parts thereof, of cast iron, enamelledHS6 732392
126
Steel, stainless: table, kitchen and other household articles and parts thereofHS6 732393
127
Iron (excluding cast) or steel: table, kitchen and other household articles and parts thereof, enamelledHS6 732394
128
Iron or steel: table, kitchen and other household articles and parts thereof, of iron or steel n.e.s. in heading no. 7323HS6 732399
129
Steel: sinks and wash basins, of stainless steelHS6 732410
130
Cast iron, baths, whether or not enamelledHS6 732421
131
Iron (other than cast) or steel: bathsHS6 732429
132
Iron or steel: sanitary ware and parts thereof, excluding sinks, wash basins and bathsHS6 732490
133
Iron: articles of non-malleable cast ironHS6 732510
134
Iron: grinding balls and similar articles for mills, other than of non-malleable cast ironHS6 732591
135
Iron or steel: cast articles, excluding grinding balls and similar articles for mills, other than of non-malleable cast ironHS6 732599
136
Iron or steel: grinding balls and similar articles for mills, forged or stamped, but not further workedHS6 732611
137
Iron or steel: articles n.e.s. in item no. 7326.11, forged or stamped, but not further workedHS6 732619
138
Iron or steel: wire articlesHS6 732620
139
Iron or steel: articles n.e.s. in heading no. 7326HS6 732690

Definitions and coverage

Read the numbers with context

Clear definitions keep reported observations and calculated indicators in their proper context. Read our Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS2 classification. They are not company-level sales, retail quotes, or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations and should be read with their coverage period.

03

Missing data

A missing observation remains unavailable. It is not filled, interpolated, or presented as a forecast.

Coverage: 1995–2024 · Data refreshed 2026-07-20 09:34:08

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.