US Rebar Final Imports
U.S. Steel Rebar Final Imports: Rebar final imports to the U.S. came in at 73,683 tons for the month of November 2020, 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 final imports through November 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 November. Turkey was the largest exporter of rebar with 42,984 tons this month (58%). Mexico was the second-largest exporter with 18,773 tons. The Dominican Republic was the third-largest rebar exporter to the U.S. with 6,291 tons. Together these three exporters accounted for 93% of the total.
Figure 3 charts the largest imports by district of entry to the U.S. in rank order through November 2020. The Miami, FL port was the largest receiver of rebar in November, receiving 14,389 tons. Laredo, TX was the second-largest receiver coming in at 12,547 tons. Philadelphia, PA was the third-largest receiving port with 11,060 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.