US Rebar Final Imports
U.S. Steel Rebar Final Imports: Rebar final imports to the U.S. came in at 43,078 tons for the month of September 2020, down 56% 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 final imports through September 2020. When looking at the current year, it shows that rebar imports peaked in May 2020 at 126,256 tons.
Figure 2 charts the largest exporting countries to the U.S. in rank order through September. Mexico was the largest exporter of rebar with 27,291 tons this month (63%). The Dominican Republic was the second-largest exporter with 7,582 tons. Canada was the third-largest rebar exporter to the U.S. with 4,494 tons. Together these three exporters accounted for 91% of the total.
Figure 3 charts the largest imports by district of entry to the U.S. in rank order through September 2020. The Laredo, TX port was the largest receiver of rebar in September, receiving 21,466 tons. San Juan, PR was the second-largest receiver coming in at 11,347 tons. San Diego, CA was the third-largest receiving port with 5,530 tons.
At Gerdau we closely follow trade in long products 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.