9,612.84 TRY BIST 100 BIST 100
40.78 EUR EUR EUR
37.83 USD USD USD
5.24 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
45.53 TRY Interest Interest
73.74 USD Fossil Oil Fossil Oil
34.28 USD Silver Silver
5.09 USD Copper Copper
103.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,761.14 TRY Gold (gr) Gold (gr)

Significant decline in US rebar imports in June

Preliminary data from the US Department of Commerce reveals a substantial drop in US rebar imports for June 2024.

Significant decline in US rebar imports in June

Preliminary data from the US Department of Commerce reveals a substantial drop in US rebar imports for June 2024. The total volume of rebar imports stood at 52,392 metric tons (mt), marking a significant decrease of 53.7% from May and a sharp decline of 72.8% compared to June 2023.

In monetary terms, the value of rebar imports in June was $33.4 million, a steep fall from $72.3 million in May and $123.0 million in the same month last year.

Algeria emerged as the leading exporter of rebar to the US in June, contributing 28,608 mt. Other notable sources included Mexico with 7,799 mt, Canada with 6,263 mt, Oman with 5,849 mt, and the Dominican Republic with 2,002 mt.

This downturn in rebar imports highlights shifting dynamics in the US construction and manufacturing sectors, potentially influenced by changing economic conditions and trade policies.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Kuwait Gains Access to Global Debt Markets After Law Amendment

Friday, March 28, 2025

China's international trade volume increased by 14% in February

Friday, March 28, 2025

Global market challenges are increasing for German companies

Friday, March 28, 2025

Russia increases iron and steel exports to South Korea

Friday, March 28, 2025

Discussions on scrap trade in Europe are deepening

Tuesday, March 25, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now