U.S. Rebar Final Imports
U.S. Steel Rebar Final Imports: Final rebar imports to the U.S. came in at 93,401 tons for the month of May 2021, down 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 May. When looking at the current year, we see that rebar imports reached their peak in March at 141,474 tons.
Figure 2 charts the largest exporting countries to the U.S. in rank order through May. Mexico was the largest exporter of rebar with 35,599 tons this month. Algeria was the second-largest exporter with 19,024 tons. Turkey was the third-largest rebar exporter to the U.S. with 10,878 tons. Together, these three exporters accounted for 70% 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 34,840 tons. Laredo, TX was the second-largest receiver coming in at 21,578 tons. San Juan, PR was the third-largest receiving port with 11,241 tons. Together, these three ports collected 72% of total rebar imports in May.
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.