U.S. Rebar Final Imports
U.S. Steel Rebar Final Imports: Final rebar imports to the U.S. came in at 139,844 tons for the month of October 2021, down 12% 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 October. When looking at the current year, we see that rebar imports reached their peak last month at 158,578 tons in September.
Figure 2 charts the largest exporting countries to the U.S. in rank order through October. Turkey was the largest exporter of rebar with 50,272 tons this month (36%). Mexico was the second-largest exporter with 35,434 tons. Algeria was the third-largest rebar exporter with 32,186 tons. Together, these three exporters accounted for 84% of the total.
Figure 3 also charts the largest imports by district of entry to the U.S. in rank order. The Houston-Galveston, TX port was the largest receiver of rebar this month, receiving 62,571 tons. Laredo, TX was the second-largest receiver coming in at 20,687 tons. Miami, FL was the third-largest receiving port with 18,755 tons. Together, these three ports collected 73% of total rebar imports in October.
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.