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Bulk Steel Billets suppliers and buyers
Bulk Steel Billets producers, manufacturers, traders and buyers post sell offers and buy requests on Comdity and agree the deal directly with each other on FOB, CFR or CIF terms.
About Steel Billets
Steel billets are the semi-finished steel that rolling mills turn into rebar and wire rod. They are sold by the metric ton, with the steel grade and the size agreed in the contract.
Steel Billets exporters and importers: who trades it in the world
World exports of Steel Billets were worth about USD 10.6 billion in 2024. The largest exporting countries were China (16%), Russia (15.3%), Oman (10.5%), Indonesia (9%). The largest importing countries were Turkey (17.3%), Egypt (8.9%), Saudi Arabia (7.6%), Indonesia (7.3%).
| Top exporting countries | Share of world trade |
|---|---|
| China | 16% |
| Russia | 15.3% |
| Oman | 10.5% |
| Indonesia | 9% |
| Ukraine | 6.2% |
| Malaysia | 5% |
| Top importing countries | Share of world trade |
|---|---|
| Turkey | 17.3% |
| Egypt | 8.9% |
| Saudi Arabia | 7.6% |
| Indonesia | 7.3% |
| Chinese Taipei | 5.5% |
| Italy | 3.1% |
Source: OEC (BACI/CEPII), 2024, customs codes 720711, 720719. The figures count trade by every mode of transport, not only by sea.
Steel Billets offers and requests: FOB, CFR and CIF terms available
Post a Listing
How trading Steel Billets works on Comdity
A company posts a sell offer or a buy request with the quantity, the delivery period and the ports. Other companies send an offer or a counteroffer on FOB, CFR or CIF terms. When both sides want to go on, they accept the offer, receive each other's contact details and finalise the contract directly. Comdity is a marketplace: it is not a party to the contract.
- FOB (Free On Board): the seller delivers the goods on board at the loading port; the buyer arranges and pays the sea freight.
- CFR (Cost and Freight): the seller pays the sea freight to the discharge port; the buyer carries the risk and the insurance from loading.
- CIF (Cost, Insurance and Freight): as CFR, and the seller also insures the cargo to the discharge port.
Country guide: Steel Billets Suppliers: The Largest Billet Exporting Countries.
Read more: FOB vs CFR vs CIF · offer and counteroffer · how to find commodity suppliers · export and import documents.
Steel Billets is normally shipped by bulk carrier, general cargo ship. When the terms are agreed, you can explore suitable vessels on Shipfixing.
More in Iron and Steel
Steel Slabs · Hot Rolled Coils (HRC) · Cold Rolled Coils (CRC) · Rebars / Deformed Bars (In Bundles) · Wire Rods · Steel Pipes & Tubes · Structural Steel (I/H Beams) · DRI / HBI