Hot-rolled bar prices by country (HS 7214)

Hot-rolled bar covers round, square and flat bar, and in most reporting systems it also carries rebar. That single fact governs how the heading should be read: where construction dominates, the average is a rebar price with a little engineering steel mixed in, not the other way round.

• 691 USD/tmidpoint of the import column, 2024
• 22markets reporting
• HS 7214HS code covered

Import unit values by country

Values received on export

Reading the hot-rolled bar numbers

• The declared range is South Africa at 265 USD per tonne against Saudi Arabia at 987, 272 % apart. Read it as a mix indicator: the low end is rebar-heavy, the high end is engineering bar.
• Imports across the set reached 8,510,760 tonnes of hot-rolled bar in 2024, 5,849 million dollars, of which Germany took 24 %.
• The largest positive spread belongs to Australia at 1,461 USD per tonne, usually a sign of a bar mill selling quality steel and buying commodity.

What sits inside HS 7214

Where construction demand dominates, rebar pulls the average sharply down — read this heading against the local building cycle rather than against other countries.

• Rebar and engineering bar can be 200 USD per tonne apart. If a market's bar number looks low, check the construction cycle before checking the supplier.
• Alloy and free-cutting grades sit outside this heading, which is why quality bar traders find the averages here less useful than rebar buyers do.
• Bar ships in bundles, not coils, so freight per tonne is higher than for flat products on the same lane.
• Length tolerance and straightness are ordered specifications; cut-to-length bar costs more than mill lengths.

How these unit values are computed, and where they mislead →

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