US merchant bar exports up 4.5 percent in February

US merchant bar exports up 4.5 percent in February

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According to export data from the US Department of Commerce, US exports of light shaped bars (merchant bar) totaled 3,560 mt in February 2020, up 4.5 percent from January and up 217.6 percent from February 2019 levels. By value, merchant bar exports totaled $2.8 million in February, compared to $2.9 million in the previous month and $1.2 million the same month last year.

The US shipped the most merchant bar to Canada in February with 1,783 mt, compared to 1,875 mt in January and 422 mt in February 2019. Other top destinations included Mexico, with 1,588 mt. There were no other significant destinations (1,000 mt or more) for US merchant bar exports in February.

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