October saw an 80.7 percent increase in US wire rod imports.

steel orbis India 16-12-2023 Share

The US Department of Commerce's final census data shows that US imports of wire rod reached 88,979 mt in October 2023, up 39.5 percent from October 2022 levels and up 80.7 percent from September. In October 2023, the value of wire rod imports was $73.9 million, down from $47.8 million in September and $75.3 million in October 2022. In October 2022, the United States imported the highest amount of wire rod from Canada—37,243 mt—as opposed to 24,448 mt in September and 27,179 mt in October 2022. With 19,984 mt, Brazil had 7,621 mt, Germany had 3,331 mt, Japan had 14,523 mt, and Algeria had 19,984 mt as other major import sources in October.

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