Global Non-Alloy Steel U-Section Market 2025

Non-Alloy Steel U-Section Market Size

For the third year in a row, the global non-alloy steel u-section market recorded growth in sales value, which increased by 0.7% to $X in 2022. In general, consumption saw a slight setback. The most prominent rate of growth was recorded in 2018 when the market value increased by 6.2% against the previous year. Over the period under review, the global market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Non-Alloy Steel U-Section Production

In value terms, non-alloy steel u-section production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production showed a mild shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by 8.8% against the previous year. Global production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Non-Alloy Steel U-Section Exports

Exports

In 2022, global exports of u-sections of non-alloy steel shrank to X tons, which is down by -4.9% on the year before. Over the period under review, exports continue to indicate a slight slump. The growth pace was the most rapid in 2018 when exports increased by 5.5%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the global exports remained at a lower figure.

In value terms, non-alloy steel u-section exports totaled $X in 2022. In general, total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 53% against the previous year. The global exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The biggest shipments were from Turkey (X tons), China (X tons), Spain (X tons), Germany (X tons), Poland (X tons), Russia (X tons), Japan (X tons), Italy (X tons), Mexico (X tons), the United States (X tons), the Czech Republic (X tons) and South Korea (X tons), together resulting at 80% of total export.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +17.9%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest non-alloy steel u-section supplying countries worldwide were China ($X), Turkey ($X) and Spain ($X), with a combined 44% share of global exports.

China, with a CAGR of +28.3%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-alloy steel u-section export price amounted to $X per ton, growing by 18% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 +60.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the other global leaders experienced more modest paces of growth.

Non-Alloy Steel U-Section Imports

Imports

In 2022, purchases abroad of u-sections of non-alloy steel decreased by -0.5% to X tons, falling for the fourth consecutive year after two years of growth. In general, imports showed a slight contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 4.4%. Global imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, non-alloy steel u-section imports expanded sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Russia (X tons), followed by Malaysia (X tons), the United States (X tons), Germany (X tons), Singapore (X tons), France (X tons), the Netherlands (X tons), South Korea (X tons), Canada (X tons), the United Arab Emirates (X tons), the UK (X tons), Poland (X tons) and Kazakhstan (X tons) represented the main importers of u-sections of non-alloy steel, together achieving 50% of total imports. Malaysia (X tons), the United States (X tons), Germany (X tons), Singapore (X tons), France (X tons), the Netherlands (X tons), South Korea (X tons), Canada (X tons), the United Arab Emirates (X tons), the UK (X tons), Poland (X tons) and Kazakhstan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Singapore (with a CAGR of +7.0%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 16% share of global imports. Russia, the Netherlands, Singapore, the UK, Poland, Canada, Kazakhstan, South Korea, Malaysia and the United Arab Emirates lagged somewhat behind, together comprising a further 33%.

Among the main importing countries, Singapore, with a CAGR of +9.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global 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 12% 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 +2.4% 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 +62.7% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 45% against the previous year. Global import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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