Chile’s rebar sales rise 14.7% in January

Rebar sales to the Chilean market increased by 14.7% in January, according to figures recently released by the country’s construction chamber, CCHC.

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Domestic sales came to 59,394 tonnes, compared with 51,773 tonnes in the corresponding month in 2012.

Month-on-month, January rebar sales went up by 31.8%, from 45,066 tonnes in December.

Chilean rebar supplies come from Gerdau Aza, Compañía de Acero del Pacífico (CAP), Aceros Quinta Normal and Famae, and include goods directly imported by these companies, according to CCHC.

Rebar sales are driven by the local construction industry, in which activity increased by 10.5% year-on-year in 2012.