United Kingdom: Non-Alloy Steel U-Section Market 2025

Non-Alloy Steel U-Section Market Size in the UK

The UK non-alloy steel u-section market shrank modestly to $X in 2022, waning by -2.7% against the previous year. In general, consumption saw a abrupt contraction. Non-alloy steel u-section consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Non-Alloy Steel U-Section Production in the UK

In value terms, non-alloy steel u-section production stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by 21%. Non-alloy steel u-section production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Non-Alloy Steel U-Section Exports

Exports from the UK

In 2022, the amount of u-sections of non-alloy steel exported from the UK soared to X tons, jumping by 40% on 2021. In general, exports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 44%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, non-alloy steel u-section exports surged to $X in 2022. Over the period under review, exports, however, recorded a noticeable decline. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X tons), Ireland (X tons) and the United Arab Emirates (X tons) were the main destinations of non-alloy steel u-section exports from the UK, together comprising 85% of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +136.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X), Ireland ($X) and the United States ($X) constituted the largest markets for non-alloy steel u-section exported from the UK worldwide, with a combined 80% share of total exports.

Among the main countries of destination, Turkey, with a CAGR of +157.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average non-alloy steel u-section export price stood at $X per ton in 2022, picking up by 12% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel u-section export price increased by +109.7% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 48%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Alloy Steel U-Section Imports

Imports into the UK

In 2022, the amount of u-sections of non-alloy steel imported into the UK shrank to X tons, falling by -3.3% on the previous year. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 112%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, non-alloy steel u-section imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a tangible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 234% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Turkey (X tons), Spain (X tons) and Ireland (X tons) were the main suppliers of non-alloy steel u-section imports to the UK, with a combined 94% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +27.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-alloy steel u-section suppliers to the UK were Turkey ($X), Spain ($X) and Ireland ($X), together comprising 93% of total imports.

Among the main suppliers, Ireland, with a CAGR of +25.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-alloy steel u-section import price stood at $X per ton in 2022, picking up by 28% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel u-section import price increased by +101.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 58%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Spain ($X per ton), while the price for Ireland ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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