The Gerdau Market Update tracks and analyzes over 100 data streams that affect long steel consumption, attempting to provide the latest on market trends. Below, you will find the most recent information about Macroeconomics, Steel Econometrics, Construction and Manufacturing as it becomes available.

U.S. Industrial Production

April 19th, 2018|Comments Off on U.S. Industrial Production

The March Industrial production, (IP) report rises as capacity utilization came in at a three year high, gaining 0.5% month on month, (m/m). On a year on year, (y/y) basis, the IP index was up [...]

Architectural Billings Index

April 18th, 2018|Comments Off on Architectural Billings Index

March’s ABI national overall score of 51.0, down 1.0 point from February’s 52.0 but still well into the expansionary zone, (>50). Although business conditions in the northeast region softened, it remained strong in the West [...]

Producer Price Index for Construction

April 18th, 2018|Comments Off on Producer Price Index for Construction

The March Bureau of Labor Statistics producer prices index, (PPI) excluding food and energy, the final demand goods PPI rose 0.4% for the third consecutive month. The PPI for all commodities was down 0.2% month [...]

U.S. Steel Capacity Utilization

April 11th, 2018|Comments Off on U.S. Steel Capacity Utilization

The total tonnage for the week ending April 7th was 1,805 million tons, (Mt) at a capacity utilization rate of 77.0%. For the first 14 weeks of 2018, total tonnage output was 24,643 Mt, at [...]

Oil and Gas Rotary Rig Counts

April 10th, 2018|Comments Off on Oil and Gas Rotary Rig Counts

The total number of operating rigs in the U.S. the week as of March 6th was 1,003,000 oil and 194 gas. In percentage terms, on a month on month, (m/m) basis, oil rigs were up [...]

ISM Non-Manufacturing Index

April 9th, 2018|Comments Off on ISM Non-Manufacturing Index

The Institute for Supply Management’s non-manufacturing composite index fell 0.7 point month on month, (m/m) to a still very strong 58.8 in March. The indexes is off strong start in 2018, up one point from [...]