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. Service Center Shipments

December 9th, 2019|Comments Off on U.S. Service Center Shipments

U.S. Service Center Shipments:  On a three month moving average, (3MMA) basis, October total carbon steel shipments averaged 137,100 tons per day, compared to 150,400 tons per day in May 2018 (-8.9 % year on [...]

U.S. Fabricated Beams Final Imports

October 9th, 2019|Comments Off on U.S. Fabricated Beams Final Imports

Fabricated Beam final imports to the U.S. were down 25% YoY, and up 11% MoM in July 2019, coming in at 39,655 tons. There are four HTS codes considered in this report. These include: Bridge/Bridge [...]

Construction Put-in-Place, (CPIP)

October 5th, 2019|Comments Off on Construction Put-in-Place, (CPIP)

Total U.S. construction spending continued to perform well in August 2019, especially in the state/local, and federal sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that August’s twelve month total, (12MT) construction [...]

ISM Manufacturing Index

October 4th, 2019|Comments Off on ISM Manufacturing Index

The Institute of Supply Management’s Index moved down 1.3 points on month, (m/m) to 47.8 for September 2019. This value is an encouraging sign for the manufacturing sector.  The index has been greater than 50, [...]

ISM Non-Manufacturing Index

October 4th, 2019|Comments Off on ISM Non-Manufacturing Index

The Institute for Supply Management’s non-manufacturing composite index decreased by 1.2 points month on month, (down 2.1% MoM) to 55.2 in September. The ISM nonmanufacturing survey measures the rate and direction of change in activity [...]

Oil and Gas Rotary Rig Counts:

October 1st, 2019|Comments Off on Oil and Gas Rotary Rig Counts:

The total number of operating rigs in the U.S. the week as of September 27th was 713 oil and 146 gas (totaling 860). In percentage terms, on a month on month, (m/m) basis, oil rigs [...]