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The US' rebar exports increased in November 2023

In November 2023, the US experienced a year-on-year increase in rebar exports.

The US' rebar exports increased in November 2023

According to data from the US Department of Commerce (USDOC), rebar exports from the US in November of the previous year reached approximately 28,000 tons. This represented a 6% decline compared to the previous month but marked a significant 59% increase from the same month a year ago.

Notably, the largest share of these exports went to Canada, amounting to roughly 18,300 tons. This reflected a marginal 0.32% increase compared to the previous month and a substantial 62.6% surge on a year-on-year basis.

In terms of value, these rebar exports generated around US$16 million. Although this indicated an 11.4% decrease compared to the previous month, it represented a notable 29.4% increase from the same month in the previous year.

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