U.S. Rebar Final Imports
U.S. Steel Rebar Final Imports: Final rebar imports to the U.S. came in at 133,844 tons for the month of November 2021, down 4% 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. When looking at the current year, we see that rebar imports reached their peak in September with 158,678 tons.
Figure 2 charts the largest exporting countries to the U.S. in rank order through November. Algeria was the largest exporter of rebar with 37,949 tons this month (28%). Mexico was the second-largest exporter with 33,400 tons. Spain was the third-largest rebar exporter with 27,488 tons. Together, these three exporters accounted for 74% 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 32,585 tons. Houston-Galveston, TX was the second-largest receiver coming in at 30,779 tons. Laredo, TX was the third-largest receiving port with 18,212 tons. Together, these three ports collected 61% 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.