US significantly raises rebar exports in Jan

According to statistics from the US Department of Commerce (USDOC), US rebar exports in January rose by 45% month on month and by 64% year on year, reaching around 29,000 tons.

Canada remained the top destination for US rebar exports, receiving roughly 24,000 tons, a 138% surge from the previous month and a 45% hike from the same month a year earlier. The Dominican Republic ranked second with 4,100 tons.

In the given month, the export value jumped by 132% month on month and by 53% year on year to US$23 million.

 

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Steel Export Market Prices

MaterialPriceChange
Stainless Seamless Pipe 304 108*4 mm$ 2196.65 11.34
Stainless Scrap 304 Solid$ 1296.97 -12.95
Stainless Bar 321 60 mm$ 2197.04 -13.10
Stainless Bar 304 60 mm$ 1956.28 -13.25
Stainless HR Coil 304/No.1 6.0 mm$ 1902.08 -9.39