Latest trade
$28.5BGlobal subsector valueHS4 subsector intelligence
Iron or non-alloy steel
HS4 7207 trade overview
A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.
The numbers at a glanceLatest reported year · 2024
Annual change
-1.9%Latest year on yearExporters
126Active reporting countriesImporters
182Active reporting countriesHS6 products
4Classifications inside HS4The subsector read
$28.5B in trade, with -14% annualized growth over three years.
Iron or non-alloy steel is recorded across 2,317 active corridors, with 126 exporters and 182 importers.
Annual trend
Subsector momentum over time
Reported global trade from 1995 to 2024. Read the methodology ↗
Top trade corridors
Where the subsector moves
Leading exporter-to-importer relationships by latest reported value. See data sources ↗
Latest reported relationshipsTop 10 by trade value
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | BrazilBRA | USA, Puerto Rico and US Virgin IslandsUSA | $2.5B | -7.3% | 4 | 7,658 km | No |
| 2 | MalaysiaMYS | TurkeyTUR | $1.3B | +46,542.4% | 3 | 8,337 km | No |
| 3 | RussiaRUS | TurkeyTUR | $1.1B | -10.3% | 4 | 1,757 km | No |
| 4 | RussiaRUS | TaiwanTWN | $680.8M | -17.1% | 4 | 7,368 km | No |
| 5 | RussiaRUS | BelgiumBEL | $608.2M | -21.3% | 1 | 2,261 km | No |
| 6 | GermanyDEU | FranceFRA | $577.6M | -3.7% | 4 | 881 km | Yes |
| 7 | RussiaRUS | EgyptEGY | $552.1M | +109.6% | 3 | 2,901 km | No |
| 8 | JapanJPN | Republic of KoreaKOR | $532.0M | -5.1% | 4 | 1,155 km | No |
| 9 | ChinaCHN | IndonesiaIDN | $524.4M | +336.3% | 4 | 4,425 km | Yes |
| 10 | OmanOMN | Saudi ArabiaSAU | $460.6M | +14% | 2 | 1,213 km | Yes |
Market structure
Where supply and demand concentrate
Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | RussiaRUS | $5.6B | 36 | 4 |
| 2 | BrazilBRA | $3.8B | 44 | 4 |
| 3 | ChinaCHN | $2.9B | 107 | 4 |
| 4 | IndonesiaIDN | $2.1B | 40 | 4 |
| 5 | MalaysiaMYS | $1.7B | 26 | 4 |
| 6 | OmanOMN | $1.7B | 37 | 4 |
| 7 | JapanJPN | $1.5B | 32 | 4 |
| 8 | GermanyDEU | $1.1B | 71 | 4 |
| 9 | Viet NamVNM | $967.5M | 29 | 4 |
| 10 | UkraineUKR | $902.0M | 30 | 4 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | TurkeyTUR | $3.8B | 75 | 4 |
| 2 | USA, Puerto Rico and US Virgin IslandsUSA | $3.5B | 43 | 4 |
| 3 | TaiwanTWN | $1.6B | 19 | 4 |
| 4 | IndonesiaIDN | $1.5B | 30 | 4 |
| 5 | ItalyITA | $1.5B | 48 | 4 |
| 6 | EgyptEGY | $997.5M | 19 | 4 |
| 7 | PhilippinesPHL | $979.5M | 20 | 4 |
| 8 | MexicoMEX | $943.0M | 30 | 4 |
| 9 | ThailandTHA | $916.6M | 29 | 4 |
| 10 | Saudi ArabiaSAU | $912.3M | 34 | 4 |
HS6 product coverage
The products inside HS4 7207
Six-digit classifications make the subsector specific. Browse the product workspace ↗
4 classifications shownIron or non-alloy steel
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 (including square) cross-section, width less than twice thicknessHS6 720711
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-sectionHS6 720712
Iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight less than 0.25% of carbon, other than rectangular or square cross-sectionHS6 720719
Iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight 0.25% or more of carbonHS6 720720
Definitions and coverage
Read the numbers with context
Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations.
Missing data
Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.
Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09
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.