Report Update: Nov 1, 2024

World - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Iron angle market

Iron angle market: discover new information secured by an Ai-driven business intelligence tool. Information provide companies, market prices, exports, imports, production, market size, consumption, and trade. There is a split by region, including the U.S., EU, Latin America, the Middle East, Russia, Africa, China, and the U.K. Market dynamics and outlook to 2030 are also provided in the reports.

Iron Angle - World's Largest Markets

Rating	Country
1	China
2	United States
3	India
4	Japan
5	Iran

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

From 2019 to 2021, the average annual rate of growth in terms of value in China totaled +31.1%. In the other countries, the average annual rates were as follows: the United States (+10.5% per year) and India (+2.5% per year).

Iron Angle Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
South Korea	602	535	571	-2.6%
Turkey	613	530	639	2.1%
Spain	594	549	850	19.6%
Mexico	602	610	882	21.0%
Poland	644	585	886	17.3%
Italy	710	642	949	15.6%
Germany	748	676	953	12.9%
Average	662	602	686	1.8%

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($953 per ton), while South Korea ($571 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
Canada	725	682	1024	18.8%
Italy	700	642	943	16.1%
United States	766	717	933	10.4%
France	679	620	926	16.8%
Germany	668	605	899	16.0%
Netherlands	709	651	861	10.2%
Poland	662	593	859	13.9%
Hong Kong SAR	655	573	840	13.2%
Philippines	631	622	828	14.6%
United Kingdom	639	574	808	12.4%
South Korea	639	552	597	-3.3%
Malaysia	601	527	567	-2.9%
Brazil	819	775	154	-56.6%
Average	666	617	700	2.6%

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($1,024 per ton), while Brazil ($154 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Iron Angle - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	billion USD			CAGR, 2019-2021
Germany	0.7	0.6	1	19.7%
Canada	0.5	0.5	0.8	30.6%
France	0.5	0.5	0.8	18.3%
United Kingdom	0.4	0.2	0.6	21.1%
Netherlands	0.5	0.4	0.6	13.0%

In value terms, Germany ($968M), Canada ($811M) and France ($759M) constituted the countries with the highest levels of imports in 2021, with a combined 19% share of global imports. The UK, the Netherlands, the United States, Brazil, South Korea, Hong Kong SAR, Poland, Italy, the Philippines and Malaysia lagged somewhat behind, together accounting for a further 33%.

In terms of the main importing countries, Brazil (+264.7% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Iron Angle - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	billion USD			CAGR, 2019-2021
Mexico	0.1	0.2	17	1053.2%
Spain	1.4	1.1	2.1	19.7%
Germany	1.1	0.9	1.5	14.5%
Turkey	0.9	0.9	0.8	-7.4%
South Korea	0.8	0.6	0.7	-5.7%

Iron Angle - Market Forecast

The iron angle market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.4% for the nine-year period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.

Iron Angle - 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.

Iron Angle - Product Coverage

HS 721610 - Iron or non-alloy steel; U, I or H sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm
HS 721621 - Iron or non-alloy steel; L sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm
HS 721622 - Iron or non-alloy steel; T sections, hot-rolled, hot-drawn or extruded, of a height less than 80mm
HS 721631 - Iron or non-alloy steel; U sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more
HS 721632 - Iron or non-alloy steel; I sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more
HS 721633 - Iron or non-alloy steel; H sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more
HS 721640 - Iron or non-alloy steel; L or T sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more
HS 721650 - Iron or non-alloy steel; angles, shapes and sections, n.e.s. in heading no. 7216, hot-rolled, hot-drawn or extruded

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global iron angle market. 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023