What this market covers
Hot-rolled flat steel products that are patterned or further worked but not clad, plated or coated.
Typical segments
- Chequered plate
- Tear drop plate
- Patterned coil
- Perforated plate
Why this market is moving now
- World trade grew 26% from 2019 to 2024, a direct read on cross-border demand.
- South Korea is gaining ground: its exports rose 151% from 2019 to 2024, the fastest among the ten largest exporters.
Key figures
Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.
| Figure | Value | Year | Cite |
|---|---|---|---|
| World exports of patterned and worked hot-rolled steel (HS 720890) were worth $1.28 billion in 2024. | 1.28 USD billion | 2024 | |
| World exports were 26% higher in 2024 than in 2019 ($1.02 billion), calculated from the annual totals. | +26 % since 2019 | 2024 | |
| Germany was the largest exporter in 2024, with 24% of world exports ($310.3 million). | 24 % of world exports | 2024 | |
| The three largest exporters, Germany, China and Russia, shipped 47% of world exports in 2024. | 47 % of world exports | 2024 | |
| Denmark was the largest importer in 2024, buying $191.2 million, or 15% of world imports. | 15 % of world imports | 2024 | |
| 47 countries exported more than $1 million of this product in 2024. | 47 countries | 2024 | |
| The average world export price was about $1.01 per kilogram in 2024, calculated from value and weight. | 1.01 USD per kg | 2024 | |
| Countries exported 1.26 million tonnes of this product in 2024. | 1.26 million tonnes | 2024 | |
| Among the ten largest exporters, South Korea grew fastest, with exports up 151% from 2019 to 2024. | +151 % since 2019 | 2024 |
Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.
Buyers and suppliers
Who buys
- Fabricators
- Vehicle body makers
- Flooring contractors
Largest exporting countries, 2024
Largest importing countries, 2024
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the global market - 03Global market size, 2021 to 2025
Historical series and growth rates - 04Countries and regions
Demand, supply and trade by country and region - 05Outlook to 2031
Base, low and high scenarios with stated assumptions - 06Rules, policy and deadlines
Regulation and programmes that change demand - 07Drivers and barriers
What accelerates or slows adoption, by customer segment - 08Prices, costs and margins
Unit economics where public data allows - 09Competitive landscape
8 to 12 company profiles with recent moves - 10Opportunities and risks
For new entrants, suppliers and investors - 11Method and assumptions
How every figure was built
Included with the full report
- PDF report, 40 to 60 pages
- Excel data pack
- Ready-to-use charts
- Method note and assumptions
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Frequently asked questions
How big is the global patterned and worked hot-rolled steel market?
There is no single official market total. World exports of HS 720890 reached $1.28 billion in 2024, a direct measure of cross-border trade.
Which countries export the most patterned and worked hot-rolled steel?
Germany led world exports in 2024 with 24% of the total, followed by China, Russia and Japan.
Which countries import the most patterned and worked hot-rolled steel?
Denmark was the largest importer in 2024, followed by the Netherlands, Germany and Kazakhstan.
Is world trade in patterned and worked hot-rolled steel growing?
World exports were 26% higher in 2024 than in 2019.
What is the average export price of patterned and worked hot-rolled steel?
Dividing world export value by weight gives about $1.01 per kilogram in 2024.
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