Non-alloy Steel I-sections Market

Non-alloy steel i-sections market: get newly released facts and figures featured by an Ai-driven business intelligence platform. Statistics cover production, exports, market size, trade, companies, market prices, imports, and consumption. Here is a split by region, including Russia, the Middle East, the U.S., the U.K., Latin America, China, EU, and Africa. Market dynamics and forecast to 2030 are also provided in the reports.

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Non-alloy Steel I-sections - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Pakistan.

From 2018 to 2020, the average annual rate of growth in terms of value in China was relatively modest. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-6.1% per year) and Pakistan (+21.3% per year).

Non-Alloy Steel I-Sections Prices

Non-Alloy Steel I-Sections - Top Importers

In value terms, the largest non-alloy steel i-sections importing markets worldwide were France ($214M), the UK ($113M) and Germany ($95M), together accounting for 22% of global imports. The Netherlands, Algeria, Canada, Malaysia, Belgium, Mexico, Portugal, the Czech Republic, Hong Kong SAR and Saudi Arabia lagged somewhat behind, together comprising a further 27%.

Hong Kong SAR (+71.2% per year) recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Non-Alloy Steel I-Sections - Top Exporters

In value terms, Spain ($546M) remains the largest non-alloy steel i-sections supplier worldwide, comprising 35% of global exports. The second position in the ranking was occupied by Germany ($203M), with a 13% share of global exports. It was followed by Turkey, with a 10% share.

In Spain, non-alloy steel i-sections exports plunged by an average annual rate of -10.9% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-16.9% per year) and Turkey (-3.8% per year).

Non-Alloy Steel I-Sections - Market Forecast

Depressed by shrinking demand for non-alloy steel i-sections worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Non-Alloy Steel I-Sections - Top Companies

Dongguan Dazhou Iron & Steel Co., Ltd., NIPPON STEEL & SUMITOMO METAL CORPORATION, Baoshan Iron & Steel Co., Ltd., Shougang Group Corporation, JFE STEEL CORPORATION, TATA STEEL LIMITED, Nucor Corporation, Hyundai Steel Company, KOBE STEEL, LTD., Hesteel Company Limited, Jiangsu Shagang Group Co., Ltd., Wugang Group Co., Ltd., Shandong Iron & Steel Group Co., Ltd., Jiuquan Iron And Steel (Group) Co., Ltd., Angang Steel Company Limited, United States Steel Corp, CHINA STEEL CORPORATION, Hunan Valin Iron & Steel Group Co., Ltd., Maanshan Iron & Steel Company Limited, Anshan Iron and Steel Group Co., Ltd.

Non-alloy Steel I-sections - Product Coverage

• HS 721632 - Iron or non-alloy steel; I sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more