Overview This page contains the latest trade data of Hot-Rolled Iron Bars. In 2021, Hot-Rolled Iron Bars were the world's 223rd most traded product, with a total trade of $19.1B. Between 2020 and 2021 the exports of Hot-Rolled Iron Bars grew by 73.3%, from $11B to $19.1B. Trade in Hot-Rolled Iron Bars represent 0.00091% of total world trade.
Hot-Rolled Iron Bars are a part of Iron & steel. They include Hot rolled bar/rod, iron or non-alloy steel, coiled width <14mm, C<.25%, Hot rolled bar/rod grooved iron or non-alloy steel in irregular coils, Hot rolled bar/rod, irregular coils,free cutting stee, Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes, Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes, Hot rolled bar/rod, iron or non-alloy steel, coiled w <14mm, C .25-.6%, and Hot rolled bar/rod, iron or non-alloy steel, coiled, C 0.25-0.6%.
Exports In 2021 the top exporters of Hot-Rolled Iron Bars were Germany ($1.55B), Malaysia ($1.37B), Russia ($1.16B), Italy ($1.07B), and Turkey ($1.05B).
Imports In 2021 the top importers of Hot-Rolled Iron Bars were Israel ($1.23B), United States ($906M), Germany ($897M), China ($892M), and Netherlands ($740M).
Tariffs In 2018 the average tariff for Hot-Rolled Iron Bars was 7.17%, making it the 608th lowest tariff using the HS4 product classification.
Ranking Hot-Rolled Iron Bars ranks 672nd in the Product Complexity Index (PCI).
Description Bars and rods of iron or non-alloy steel are used in the production of other goods. They can be made from a variety of materials, including cast iron, mild steel, stainless steel, and carbon steel.