U.S. Rebar Final Imports
U.S. Steel Rebar Final Imports: Final rebar imports to the U.S. came in at 78,432 tons for the month of January 2022, up 19% 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 January 2022.
Figure 2 charts the largest exporting countries to the U.S. in rank order through January. Mexico was the largest exporter of rebar with 33,040 tons this month (42%). Algeria was the second-largest exporter with 30,538 tons. Canada was the third-largest rebar exporter with 7,335 tons. Together, these three exporters accounted for 90% 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 33,334 tons. Laredo, TX was the second-largest receiver coming in at 27,573 tons. Ogdensburg, NY was the third-largest receiving port with 5,101 tons. Together, these three ports collected 84% of total rebar imports in January.
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.