Steel Tariffs for the 5 Largest Steel-Producing and Consuming Countries

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🛠️ Steel Export: Everything You Need to Know!  Thinking about entering the steel export business? This video breaks it all down—from top steel-producing nations and pricing to freight costs, tariffs, and key global trends. Whether you're a buyer, seller, or investor, understanding the steel trade can unlock serious growth potential!  💡 What You’ll Learn: ✅ Top steel-producing & importing countries 🌐 ✅ Price trends by steel type (hot-rolled, cold-rolled, stainless, etc.) 💸 ✅ Most profitable markets & timing your exports right 📊 ✅ Tariffs, shipping rates, and global supply chain updates 🚢  🔎 Stay competitive in the global market with real-time insights from 👉 deepbeez.com  🔔 Subscribe for more videos on international trade, export strategies, and market intelligence! 👍 Like & Share if this helped you learn something new!  💡 Note: Prices and data in this video are averages and estimates. Real-world rates vary by country, steel grade, and market fluctuations.  #GlobalTrade #SteelExport #SteelTrade #ImportExport #deepbeez #ExportBusiness #SteelPrices #Logistics #Tariffs #MarketResearch #AIassistant #InternationalBusiness #TradeStatistics #SteelIndustry #SupplyChain #ExportOpportunities #Manufacturing #HeavyIndustry #MetalsTrade

Transcript

00:00Why is steel export important? Steel is the backbone of skyscrapers and car frames. In 2024,

00:07global crude steel production reached 1.89 billion metric tons, fueling a $900 billion industry.

00:14Steel exports are a crucial part of global trade. What are the main types of commercial steel

00:19products? Hot rolled steel, used in construction and automotive sectors. Cold rolled steel,

00:25preferred in appliances and precision manufacturing. Galvanized steel, used in roofing,

00:31pipelines, and outdoor structures. Stainless steel, used in medical, food, and industrial

00:37applications. Tool steel, designed for cutting and machining. Struggling to expand your business

00:43globally? Confused by tariffs and regulations? One mistake can cost you thousands. DP's AI

00:50assistant makes global trade simple. Instant tariff and regulation analysis. Predict market

00:56trends to stay ahead. Stay compliant and avoid penalties. Expand with confidence. Discover new

01:03opportunities today. Which steel types are the most expensive and the cheapest? Stainless steel costs

01:10$3,500 per metric ton due to its high nickel and chromium content. Hot rolled steel costs $700 to $1,200

01:18per metric ton, as it requires less processing. Where are steel prices the highest and lowest?

01:25Steel prices are highest in Southeast Asia, where import dependency raises costs 10 to 20% above global

01:32averages. Prices are lowest in China and India, where domestic production keeps costs 15 to 30% lower.

01:40Which countries produce and consume the most steel? In 2023, the top steel producers were

01:46China, 920.9 million metric tons, 48% of global production. India, 6.3% of global production.

01:55Japan, 4.7% of global output. Unsurprisingly, China also leads in steel consumption, driven by its

02:02large-scale infrastructure projects. India and the United States follow closely.

02:08Which countries export the most steel? The largest steel exporters in 2023 were

02:13China, 92.3 million metric tons. Japan, 31.7 million metric tons. South Korea, 28.5 million metric tons.

02:24When is the best time to buy and sell steel? Best time to buy, December to February, when demand drops

02:3015 to 20%. Best time to sell, April to August, when demand rises 30 to 40%.

02:36How do customs tariffs affect steel exports? United States, 25% tariff, increasing domestic prices,

02:4410 to 15%. Vietnam, anti-dumping duties up to 27.83% on Chinese steel.

02:50EU, 15% safeguard tariffs on some steel imports. What are the key shipping conditions for steel?

02:57Corrosion protection. Steel can suffer rust damage without proper handling.

03:01Securing loads prevents financial losses, as damaged shipments can cost 5 to 10% of total

03:07product value. Temperature control avoids deformation in extreme climates, critical for

03:12high-grade steel. How much does it cost to ship steel? Sea freight, $50 to $200 per ton.

03:19Rail freight, 15 to 30% cheaper. Truck transport, $100 to $300 per ton. Tariffs and fuel price

03:26fluctuations can raise costs by 10 to 20%. Steel export is a dynamic market, shaped by production

03:33trends, government policies, and global demand. To succeed in steel market, focus on market timing,

03:39policy awareness, and logistics efficiency.

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