According to export data from the US Department of Commerce, US exports of light-shaped bar (merchant bar) totaled 3,709 mt in November last year, down 3.1 percent from October and down 59.7 percent year on year. By value, merchant bar exports totaled $4.1 million in November compared to $4.4 million in the previous month and $6.9 million in the same month of 2023.
The US shipped the most merchant bar to Mexico in November with 2,067 mt compared to 1,957 mt in October and 2,858 mt in November 2023. The other top export destination was Canada with 1,542 mt. There were no other significant destinations (1,000 or more) for US merchant bar exports in November.