U.S. Rebar Final Imports
U.S. Steel Rebar Final Imports: Final rebar imports to the U.S. came in at 124,900 tons for the month of May 2024, 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 May 2024.
Figure 2 charts the largest exporting countries to the U.S. in rank order through May. Egypt was the largest exporter of rebar with 49,331 tons this month (39%). Turkey was the second-largest exporter with 28,570 tons. Bulgaria was the third-largest rebar exporter with 16,520 tons. Together, these three exporters accounted for 40% 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 58,329 tons. Philadelphia, PA was the second-largest receiver coming in at 15,856 tons. Tampa, FL was the third-largest receiving port with 11,395 tons. Together, these three ports collected 69% of total rebar imports in May.
Please note the format of Figure 2 and Figure 3 has changed. Countries are listed alphabetically left to right and month/year is on the y-axis. There are listed totals YTD for each country and district of entry, respectively.
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.