US merchant bar imports down 34.9 percent in February

US merchant bar imports down 34.9 percent in February

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According to final census data from the US Department of Commerce, US imports of light-shaped bars (merchant bar) totaled 7,352 mt in February 2020, down 34.9 percent from January but up 39.9 percent from February 2019 levels. By value, cold finished bar imports totaled $5.1 million in February 2020, compared to $7.4 million in the previous month and $3.5 million in the same month last year.

The US imported the most merchant bar from Mexico in February, with 4,362 mt, compared to 6,793 mt in January and 3,411 mt in February 2019. Other top sources of imported merchant bar in February include Canada, with 2,642 mt.

source: steelorbis

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