What this market covers
Hot-rolled, drawn or extruded steel sections excluding U, I, H, L and T shapes.
Typical segments
- Bulb flats
- Z sections
- Special profiles
- Rail accessories
Why this market is moving now
- World trade grew 0% from 2019 to 2024, a direct read on cross-border demand.
- Germany is gaining ground: its exports rose 85% 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 steel profile, other hot-rolled sections (HS 721650) were worth $1.18 billion in 2024. | 1.18 USD billion | 2024 | |
| World exports were 0% higher in 2024 than in 2019 ($1.17 billion), calculated from the annual totals. | +0 % since 2019 | 2024 | |
| Turkey was the largest exporter in 2024, with 21% of world exports ($251.7 million). | 21 % of world exports | 2024 | |
| The three largest exporters, Turkey, China and Germany, shipped 53% of world exports in 2024. | 53 % of world exports | 2024 | |
| The United States was the largest importer in 2024, buying $87.4 million, or 7% of world imports. | 7 % of world imports | 2024 | |
| 50 countries exported more than $1 million of this product in 2024. | 50 countries | 2024 | |
| The average world export price was about $0.97 per kilogram in 2024, calculated from value and weight. | 0.97 USD per kg | 2024 | |
| Countries exported 1.21 million tonnes of this product in 2024. | 1.21 million tonnes | 2024 | |
| Among the ten largest exporters, Germany grew fastest, with exports up 85% from 2019 to 2024. | +85 % 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
- Shipbuilders
- Construction firms
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 steel profile, other hot-rolled sections market?
There is no single official market total. World exports of HS 721650 reached $1.18 billion in 2024, a direct measure of cross-border trade.
Which countries export the most steel profile, other hot-rolled sections?
Turkey led world exports in 2024 with 21% of the total, followed by China, Germany and Russia.
Which countries import the most steel profile, other hot-rolled sections?
The United States was the largest importer in 2024, followed by Kazakhstan, Indonesia and Germany.
Is world trade in steel profile, other hot-rolled sections growing?
World exports were 0% higher in 2024 than in 2019.
What is the average export price of steel profile, other hot-rolled sections?
Dividing world export value by weight gives about $0.97 per kilogram in 2024.
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