U.S. Rebar Final Imports

U.S. Steel Rebar Final Imports: Final rebar imports to the U.S. came in at 62,609 tons for the month of November 2022, down 35% m/m. Rebar imports include: concrete reinforcing bars and rods of iron or non-alloy steel, irregularly wound coils hot-rolled, concrete reinforcing bars and rods of other alloy steel, not further worked than hot-rolled, hot-drawn or extruded, and other bars and rods of iron or non-alloy steel, hot-worked, concrete reinforcing bars and rods.

Figure 1 further breaks down total rebar imports through November 2022. When looking at the current year, we see that rebar imports reached their peak in May with 225,251 tons.

Figure 2 charts the largest exporting countries to the U.S. in rank order through November. Mexico was the largest exporter of rebar with 26,893 tons this month (43%). Algeria was the second-largest exporter with 14,669 tons. Turkey was the third-largest rebar exporter with 10,275 tons. Together, these three exporters accounted for 83% of the total.

Figure 3 also charts the largest imports by district of entry to the U.S. in rank order. The Philadelphia, PA port was the largest receiver of rebar this month, receiving 14,669 tons. Laredo, TX was the second-largest receiver coming in at 12,495 tons. San Juan, PR was the third-largest receiving port with 6,746 tons. Together, these three ports collected 54% of total rebar imports in November.

At Gerdau, we closely follow trade in long product steel since it has a profound impact on domestic market share and material pricing. We want you, our valued customers, to have access to current information that can help you better plan and operate your businesses.

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