US wire rod imports down 13.7 percent in October

According to preliminary census data from the US Department of Commerce, US imports of wire rod totaled 135,608 mt in October, up 14.7 percent from September but down 13.7 percent from October 2015 levels. By value, wire rod imports totaled $73.3 million in October 2016, compared to $63.6 million in the previous month and $87.5 million in the same month last year.
 
The US imported the most wire rod from Canada in October, with 29,383 mt, compared to 33,342 mt in September and 40,110 mt in October 2015. Other top sources of imported wire rod in October include Japan, with 20,136 mt; Ukraine, with 16,407 mt; Turkey, with 15,230 mt; and Korea, with 12,351 mt.