Reshoring Signal
Steel bar, rod, and wire: Reshoring Readiness
The Reshoring Readiness Index scores steel bar, rod, and wire at 66.5 of 100 (building case): a 34.54% effective tariff, import dependence 65/100, sourcing concentration 8/100. Transparent methodology, monthly USITC data. Free.
The short answer
- Steel bar, rod, and wire scores 66.5 of 100 on the Reshoring Readiness Index, a building case: importers pay an effective tariff of 34.54% (tariff term 100/100), U.S. exports cover 35% of imports (dependence 65/100), and sourcing concentration is 840 HHI (8/100). The score is up 9.3 points over the past year.
The three terms behind the score
- Tariff pressure 100/100 (45% weight): a 34.54% effective rate, level 100/100 with a one-year trend of 100/100.
- Import dependence 65/100 (30% weight): U.S. exports cover about 35% of imports.
- Sourcing concentration 8/100 (25% weight): 840 on the Herfindahl index across named source countries.
Frequently asked questions
- What is the reshoring readiness score for steel bar, rod, and wire? 66.5 of 100 as of the latest month, a building case. The score combines tariff pressure (100/100), import dependence (65/100), and sourcing concentration (8/100) under the published RRI v1.0.0 methodology.
- Why does steel bar, rod, and wire score this way? Importers currently pay a 34.54% effective tariff in this family, U.S. exports cover about 35% of what it imports, and its foreign sourcing measures 840 on the Herfindahl index. Higher tariffs, deeper import dependence, and more concentrated sourcing all strengthen the economic case to produce domestically.
- Does a high score mean reshoring is profitable? No. The RRI is a screening indicator: it says the public trade data points that way, not that any specific plant pencils out. Validate with your own landed-cost, labor, and capacity numbers before deciding.
About this data
- A transparent screening indicator built from public USITC trade data, not sourcing advice. The tariff term is monthly; concentration is matched to the month's calendar year (latest completed year for newer months); import dependence is currently a latest-year snapshot applied across the series and will deepen into a true history as export years accumulate. The named-top-sources HHI is a floor. Validate any decision with your own landed-cost and capacity numbers.
Last reviewed 2026-05-12.