Overview This page contains the latest trade data of Hot-Rolled Iron Bars. In 2020, Hot-Rolled Iron Bars were the world's 291st most traded product, with a total trade of $11B. Between 2019 and 2020 the exports of Hot-Rolled Iron Bars decreased by -5.22%, from $11.6B to $11B. Trade in Hot-Rolled Iron Bars represent 0.065% 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 2020 the top exporters of Hot-Rolled Iron Bars were Malaysia ($1.33B), Germany ($897M), Turkey ($632M), Spain ($565M), and Italy ($548M).
Imports In 2020 the top importers of Hot-Rolled Iron Bars were China ($796M), Israel ($639M), Netherlands ($497M), Philippines ($455M), and Germany ($429M).
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 541st 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.