U.S. Steel Rebar Final Imports
U.S. Steel Rebar Final Imports: Final rebar imports to the U.S. came in at 141,474 tons for the month of March 2021, up 66% 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 March. When looking at the current year, we see that rebar imports reached their peak this month.
Figure 2 charts the largest exporting countries to the U.S. in rank order through March. Turkey was the largest exporter of rebar with 34,354 tons this month (24%). Algeria was the second-largest exporter with 30,171 tons. Spain was the third-largest rebar exporter to the U.S. with 30,023 tons. Together these three exporters accounted for 67% of the total.
Figure 3 charts the largest imports by district of entry to the U.S. in rank order through March. The Miami, FL port was the largest receiver of rebar this month, receiving 47,380 tons (33%). Houston-Galveston, TX was the second-largest receiver coming in at 42,563 tons. Laredo, TX was the third-largest receiving port with 14,695 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.