According to export data from the US Department of Commerce, US exports of light-shaped bar (merchant bar) totaled 6,349 mt in February 2023, up 23.2 percent from January but down 13.6 percent from February 2022. By value, merchant bar exports totaled $7.6 million in February, compared to $6.2 million in the previous month and $6.8 million the same month last year.
The US shipped the most merchant bar to Mexico in February with 4,382 mt, compared to 2,942 mt in January and 2,261 mt in February 2022. Other top destinations included Canada, with 1,885 mt. There were no other significant destinations (1,000 mt or more) for US merchant bar exports in February.