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. Reinforcing Steel (Rebar) Final Imports

September 25th, 2017|Comments Off on U.S. Reinforcing Steel (Rebar) Final Imports

Rebar final imports to the US were down 10.3% year to date (YTD), year on year (y/y), and totaling 1,184,741 tons for the seven months ending July 2017. July rebar imports were 148,692 tons, 13.9% [...]

U.S. Steel Beam Final Imports

September 25th, 2017|Comments Off on U.S. Steel Beam Final Imports

Beam final imports to the US were down 2.3% year to date (YTD), year on year (y/y), totaling 343,965 tons for the seven months ending July 2017. For the month of July, Beam imports totaled [...]

Chicago Fed National Activity Index

September 25th, 2017|Comments Off on Chicago Fed National Activity Index

The pace of U.S. economic growth slowed in August as evidenced by the declining score of the CFNAI. The CFNAI fell -0.31 in August after ticking up a revised 0.03 in June. On a three [...]

Global Crude Steel Production and Capacity Utilization

September 25th, 2017|Comments Off on Global Crude Steel Production and Capacity Utilization

Worldsteel Association (WSA) reports that global crude steel production totaled 143.58 million tonnes (Mt) at a capacity utilization rate, (CUR) of 72.2% in August. On a year on year, (y/y) comparison, the capacity utilization rate [...]

China Domestic Prices

September 22nd, 2017|Comments Off on China Domestic Prices

China Metals Weekly (CMW), September 21st newsletter reported that long products prices fell across the board on a week over week basis from 0.5% to 2.1%. However, on a month over month (m/m), basis long [...]

U.S. Manufacturing Capacity Utilization

September 22nd, 2017|Comments Off on U.S. Manufacturing Capacity Utilization

Manufacturing fundamentals continue to improve. Both the U.S. and global economy are strengthening and at the same time, the dollar has depreciated against the Broad Index, (basket of countries’ currencies that the U.S trades with). [...]