Hot-rolled bar prices by country (HS 7214)
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Hot-rolled bar (HS 7214) showed a median declared value of 685 USD per tonne on import and 736 on export in 2024, down 5.3 % against 2023, in 32 markets.
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.
- 685 USD/tmidpoint of the import column, 2024
- 32markets reporting
- HS 7214HS code covered
Median import unit value in other units: 685 USD/t · 0.69 USD/kg · 0.311 USD/lb
Import unit values by country
What each market paid for hot-rolled bar, 2024
| Country | Tonnes | USD/tonne | Value (USD m) |
|---|---|---|---|
| Germany | 2,030,995 | 779 | 1,582.2 |
| Spain | 796,307 | 691 | 550.4 |
| Poland | 674,721 | 716 | 483.2 |
| Canada | 623,452 | 765 | 476.7 |
| Kazakhstan | 603,642 | 555 | 334.9 |
| Romania | 581,377 | 639 | 371.7 |
| United Arab Emirates | 566,771 | 652 | 369.5 |
| Iraq | 536,440 | 475 | 254.6 |
| United Kingdom | 498,198 | 735 | 366.4 |
| Türkiye | 413,101 | 621 | 256.4 |
| Australia | 376,710 | 684 | 257.5 |
| Netherlands | 360,650 | 681 | 245.6 |
| Italy | 238,244 | 842 | 200.6 |
| Lebanon | 210,915 | 685 | 144.5 |
| South Africa | 175,587 | 265 | 46.6 |
| Morocco | 169,170 | 744 | 125.9 |
| Uzbekistan | 159,668 | 650 | 103.7 |
| Egypt | 115,174 | 702 | 80.8 |
| Tanzania | 95,664 | 597 | 57.1 |
| Oman | 71,767 | 592 | 42.5 |
| Bahrain | 51,379 | 748 | 38.4 |
| Senegal | 48,438 | 598 | 28.9 |
| Jordan | 48,134 | 619 | 29.8 |
| Ghana | 44,567 | 667 | 29.7 |
| Kuwait | 44,494 | 687 | 30.6 |
| Kenya | 26,134 | 660 | 17.2 |
| Saudi Arabia | 17,963 | 987 | 17.7 |
| Algeria | 15,907 | 909 | 14.5 |
| Tunisia | 11,113 | 879 | 9.8 |
| Nigeria | 9,413 | 788 | 7.4 |
| Côte d'Ivoire | 4,824 | 804 | 3.9 |
| Qatar | 3,098 | 464 | 1.4 |
Declared value divided by declared net mass, sorted by volume. Import valuation is normally CIF, so freight and insurance sit inside the figure.
Values received on export
What each exporter received for hot-rolled bar, 2024
| Country | Tonnes | USD/tonne | Value (USD m) |
|---|---|---|---|
| Türkiye | 7,323,777 | 591 | 4,328.1 |
| Oman | 2,353,001 | 608 | 1,430.3 |
| Germany | 1,914,969 | 798 | 1,528.0 |
| Italy | 1,666,662 | 732 | 1,219.2 |
| Spain | 1,475,947 | 709 | 1,046.1 |
| Egypt | 962,553 | 660 | 635.7 |
| United Arab Emirates | 645,900 | 690 | 445.6 |
| Poland | 530,559 | 802 | 425.7 |
| South Africa | 485,683 | 690 | 335.2 |
| Kazakhstan | 450,887 | 585 | 263.8 |
| Algeria | 367,462 | 828 | 304.4 |
| Ghana | 357,793 | 1,161 | 415.6 |
| Saudi Arabia | 224,960 | 604 | 136.0 |
| Canada | 194,614 | 1,060 | 206.2 |
| United Kingdom | 83,895 | 817 | 68.6 |
| Jordan | 82,672 | 682 | 56.4 |
| Morocco | 56,298 | 676 | 38.0 |
| Romania | 45,489 | 841 | 38.3 |
| Netherlands | 39,081 | 917 | 35.8 |
| Tanzania | 34,273 | 647 | 22.2 |
| Senegal | 24,681 | 792 | 19.6 |
| Kenya | 17,767 | 802 | 14.2 |
| Uzbekistan | 11,969 | 444 | 5.3 |
| Côte d'Ivoire | 10,501 | 689 | 7.2 |
| Tunisia | 9,898 | 740 | 7.3 |
| Nigeria | 1,500 | 572 | 0.9 |
| Australia | 504 | 2,145 | 1.1 |
| Kuwait | 100 | 874 | 0.1 |
| Lebanon | 64 | 956 | 0.1 |
| Bahrain | 16 | 777 | 0.0 |
Loading-port basis. Two exporters can look far apart simply because one ships containers and the other ships breakbulk.
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 9,624,017 tonnes of hot-rolled bar in 2024, 6,580 million dollars, of which Germany took 21 %.
- 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 →
Need a price for your size list?
Bar is quoted on grade, section, length and tolerance — send a cutting list and we will price it as one lot.
Hot-rolled bar unit values by year
Median customs unit value for HS 7214 by year, USD per tonne
| Year | Import median | Export median | Export change | Markets |
|---|---|---|---|---|
| 2020 | 633 | 563 | — | 16 |
| 2021 | 779 | 805 | +43 % | 18 |
| 2022 | 847 | 887 | +10.2 % | 14 |
| 2023 | 821 | 777 | -12.4 % | 27 |
| 2024 | 685 | 736 | -5.3 % | 28 |
Bar is a regional trade: freight is a large share of a low value-per-tonne product, so year-to-year moves here reflect local mill capacity more than global sentiment.
Which markets moved, and when
Export unit value by market and year, USD per tonne (HS 7214)
| Market | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Saudi Arabia | 428 | 790 | 766 | 1,272 | 604 |
| Kazakhstan | 461 | — | 688 | 618 | 585 |
| Romania | 805 | — | 986 | 968 | 841 |
| Egypt | — | 864 | — | 764 | 660 |
| Nigeria | — | 687 | — | 549 | 572 |
Blank cells mean the market reported no export of this heading that year, or the declared mass was too small to give a meaningful unit value.
Questions about hot-rolled bar prices
What does hot-rolled bar cost per tonne?
The median declared value for HS 7214 in 2024 was 685 USD per tonne imported and 736 exported over 32 markets — around 0.69 USD per kilo. This heading is dominated by construction-grade round and square bar, so it moves with building activity more than with manufacturing.
Which direction did bar prices take?
Median export unit value went down by -5.3 % between 2023 and 2024. Bar is a regional trade: freight is a large share of a low value-per-tonne product, so local mill capacity matters more here than global sentiment.
Why the gap between South Africa and Saudi Arabia?
265 against 987 USD per tonne. Section size and grade explain most of it — plain 12 mm rebar-type bar sits at the bottom, while engineering-grade bright bar stock and larger rounds for machining sit at the top.
Does this heading include reinforcing bar?
Hot-rolled bar for concrete reinforcement has its own subheadings in most tariffs. Check the code on your documents: if it is classified separately, these figures will not match your invoice.
What is inside HS 7214?
Other bars and rods of iron or non-alloy steel, hot-rolled, hot-drawn or extruded, including those twisted after rolling. Coiled rod is HS 7213.