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.

Architectural Billings Index

March 22nd, 2018|Comments Off on Architectural Billings Index

February’s ABI national overall score of 52.0 was down 2.7 points from January’s 54.7 but still well into the expansionary zone, (>50). U.S. architecture firms with emphasis on multifamily and/or institutional specialization reported exceptional strong [...]

Producer Price Index for Construction

March 22nd, 2018|Comments Off on Producer Price Index for Construction

The February Bureau of Labor Statistics producer prices index, (PPI) excluding food and energy, the final demand goods PPI rose 0.2% for the third consecutive month. The PPI for all commodities was up 0.8% month [...]

U.S. Service Center Shipments

March 22nd, 2018|Comments Off on U.S. Service Center Shipments

On a three month moving average, (3MMA) basis, February total carbon steel shipments averaged 140,700 tons per day, climbing 4.1% year on year, (y/y). Bar and Shapes and Plate shipments led the advance, each recording [...]

Automotive Sales

March 21st, 2018|Comments Off on Automotive Sales

Data from the Bureau of Economic Analysis (BEA), shows that total light (cars and light truck/SUVs), vehicle sales in January were at a seasonally adjusted annual rate, (SAAR) of 17.505 million (M), units, down 724,000 [...]

Job Turnover and Openings Report

March 20th, 2018|Comments Off on Job Turnover and Openings Report

Businesses have a mountain of jobs to fill, another data point on just how strong the economy is at the present time. Job openings increased to 6.31 million, (+645,000) on the last business day of [...]

U.S. Industrial Production

March 16th, 2018|Comments Off on U.S. Industrial Production

The February Industrial production, (IP) report was better than analyst’s expectation, gaining 1.1% month on month, (m/m). This after a disappointing negative 0.3% change in January. On a three month moving average, (3MMA) of IP [...]