U.S. - Hot-Rolled Round Bars Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHot-Rolled Round Stainless Steel Prices in the United States
U.S. Hot-Rolled Round Stainless Steel Export Price per Ton in June 2022
In June 2022, the hot-rolled round stainless steel price per ton amounted to $9.9K (FOB, US), falling by -10.9% against the previous month. In general, the export price showed a perceptible slump. The pace of growth was the most pronounced in April 2022 when the average export price increased by 42% month-to-month. As a result, the export price attained the peak level of $15.1K per ton. From May 2022 to June 2022, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($14.6K per ton), while the average price for exports to Canada ($7.4K per ton) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.
U.S. Hot-Rolled Round Stainless Steel Exports
Hot-rolled round stainless steel exports from the United States skyrocketed to 814 tons in August 2022, growing by 36% compared with the month before. In general, total exports indicated buoyant growth from January 2022 to August 2022: its volume increased at an average monthly rate of +14.0% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, exports increased by +41.9% against March 2022 indices. The pace of growth was the most pronounced in February 2022 with an increase of 39% month-to-month. Over the period under review, the exports attained the peak figure in August 2022.
In value terms, hot-rolled round stainless steel exports skyrocketed to $7.5M (IndexBox estimates) in August 2022. Over the period under review, total exports indicated strong growth from January 2022 to August 2022: its value increased at an average monthly rate of +10.6% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, exports increased by +24.5% against May 2022 indices. The pace of growth was the most pronounced in February 2022 when exports increased by 51% month-to-month.
U.S. Hot-Rolled Round Stainless Steel Exports by Country
Canada (290 tons), Mexico (161 tons) and Hungary (50 tons) were the main destinations of hot-rolled round stainless steel exports from the United States, with a combined 81% share of total exports. These countries were followed by Brazil, China, Singapore and Poland, which together accounted for a further 12%.
From January 2022 to June 2022, the biggest increases were in Brazil (with a CAGR of +36.3%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for hot-rolled round stainless steel exported from the United States were Canada ($2.1M), Mexico ($1.8M) and Brazil ($386K), together comprising 70% of total exports.
Brazil, with a CAGR of +43.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the market for hot-rolled round stainless steel in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106410 - Hot-rolled round bars, of stainless steel
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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This report provides an in-depth analysis of the market for hot-rolled round stainless steel in the U.S..
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This report provides an in-depth analysis of the market for forged stainless steel bar in the U.S..
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440
Exports of Forged Stainless Steel Bar decreased to $8.2 million in June 2023 in terms of value.
403
In value terms, stainless steel angle imports dropped modestly to $14M in April 2023.
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Global demand for forged stainless steel bar is forecasted to increase over the next seven years, with the market volume expected to reach 4.3M tons and value to reach $22.1B by 2030. China leads in consumption and production, while India and the United States also play significant roles in the market. Import and export prices and trends are analyzed, with India emerging as a major exporter of forged stainless steel bars.
1619
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
1161
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
1230
Despite a slight drop in exports, India continued its dominance in the global trade of stainless steel angles, shapes and sections. In 2014, India exported X thousand tons of stainless steel angles, shapes and sections totaling X million USD, X%
440
Exports of Forged Stainless Steel Bar decreased to $8.2 million in June 2023 in terms of value.
403
In value terms, stainless steel angle imports dropped modestly to $14M in April 2023.
264
Global demand for forged stainless steel bar is forecasted to increase over the next seven years, with the market volume expected to reach 4.3M tons and value to reach $22.1B by 2030. China leads in consumption and production, while India and the United States also play significant roles in the market. Import and export prices and trends are analyzed, with India emerging as a major exporter of forged stainless steel bars.
1619
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
