US wire rod imports decreased

According to the latest Census Bureau data from the US Department of Commerce (USDOC), the US imported about 55,500 tonnes of wire rod in March this year, down 21% m-o-m and 67% y-o-y.

Of these, imports from Canada accounted for the largest share at around 29,000 tonnes, up 15.8% m-o-m and down 3.6% y-o-y. Japan ranked second with around 9,400 tonnes, followed by Mexico with 6,600 tonnes and Egypt with 4,400 tonnes.

During the period, the value realised from these imports was about US$59 million, down 12.8% month-on-month and 66.8% y-o-y.