[SMM Steel] US rebar exports plunge in February on weak shipments

Published: Apr 23, 2026 15:07

Save

[SMM Steel] US rebar exports fell sharply to 4,947 mt in February 2026, down 62.0% MoM and 77.8% YoY, according to the US Department of Commerce. Export value dropped to $4.65 million, compared to $11.78 million in January. Canada remained the main destination with 3,174 mt, while no other major export markets were recorded, reflecting significantly weakened external demand.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

12 hours ago

Deepening Cooperation · Discussing Development — SMM Visited NFC Africa Mining PLC

12 hours ago

14 hours ago

4.23 SMM Global Steel Daily Report

SMM News Flash: [Sheets & Plates] HRC export prices were quoted at 493-497 USD/tonne today, up 1 USD/tonne MoM. Recent market sources indicated that approximately 10,000 tonnes of Chinese HRC were traded at the Port of Sohar in Oman, Middle East, at a CFR price of around 560 USD/tonne, but this was insufficient to suggest a full demand recovery. [Saudi Arabia] Driven by rising scrap and logistics costs, Saudi steelmaker Hadeed has raised prices for the third time in April. The specific adjustments are as follows: rebar (12-32mm) increased by 21 USD/tonne to 704 USD/tonne (CPT Riyadh, excluding 15% VAT); wire rod (7-14mm) increased by 37 USD/tonne to 717 USD/tonne.

14 hours ago

MMi Daily Iron Ore Report (April 23)

Today, iron ore futures showed a weak trend, with the main contract I2609 closing at 783.5 yuan/ton, down 0.32% from the previous trading session. Spot prices have decreased by 0–2 yuan/ton so far.

14 hours ago