What this market covers
Semi-finished stainless steel of rectangular section other than square.
Typical segments
- Austenitic slabs
- Ferritic slabs
- Duplex slabs
- Cast slabs
Why this market is moving now
- World trade grew 193% from 2019 to 2024, a direct read on cross-border demand.
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 stainless steel semi-finished slab (HS 721891) were worth $2.52 billion in 2024. | 2.52 USD billion | 2024 | |
| World exports were 193% higher in 2024 than in 2019 ($859.5 million), calculated from the annual totals. | +193 % since 2019 | 2024 | |
| Indonesia was the largest exporter in 2024, with 65% of world exports ($1.64 billion). | 65 % of world exports | 2024 | |
| The three largest exporters, Indonesia, the United Kingdom and Sweden, shipped 93% of world exports in 2024. | 93 % of world exports | 2024 | |
| India was the largest importer in 2024, buying $854.5 million, or 34% of world imports. | 34 % of world imports | 2024 | |
| 22 countries exported more than $1 million of this product in 2024. | 22 countries | 2024 | |
| The average world export price was about $2.31 per kilogram in 2024, calculated from value and weight. | 2.31 USD per kg | 2024 | |
| Countries exported 1.09 million tonnes of this product in 2024. | 1.09 million tonnes | 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
- Stainless rolling mills
- Steel traders
- Forgers
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
- Written to order in 5 working days
Frequently asked questions
How big is the global stainless steel semi-finished slab market?
There is no single official market total. World exports of HS 721891 reached $2.52 billion in 2024, a direct measure of cross-border trade.
Which countries export the most stainless steel semi-finished slab?
Indonesia led world exports in 2024 with 65% of the total, followed by the United Kingdom, Sweden and Belgium.
Which countries import the most stainless steel semi-finished slab?
India was the largest importer in 2024, followed by Taiwan, Belgium and China.
Is world trade in stainless steel semi-finished slab growing?
World exports were 193% higher in 2024 than in 2019.
What is the average export price of stainless steel semi-finished slab?
Dividing world export value by weight gives about $2.31 per kilogram in 2024.
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