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.

Advanced Durable Goods Orders

February 19th, 2020|Comments Off on Advanced Durable Goods Orders

The U.S. Census Bureau reported that; new orders for durable goods orders increased by 2.4% month on month, (m/m) in December, following the 3.1% decrease in November. The always-volatile nondefense aircraft orders, decreasing 74.7% m/m [...]

Architectural Billings Index

February 14th, 2020|Comments Off on Architectural Billings Index

December ABI national overall score of 52.5 was up 0.6 points from November’s 51.9, which is slightly over the expansionary zone, (>50). U.S. architecture firms specializing in commercial and industrial facilities likewise reported an increase [...]

U.S. Service Center Shipments

February 14th, 2020|Comments Off on U.S. Service Center Shipments

On a three month moving average, (3MMA) basis, December total carbon steel shipments averaged 115,400 tons per day, compared to 126,000 tons per day in December 2018 (-3.8 % year on year, YoY). Overall carbon [...]

Construction Put-in-Place, (CPIP)

February 5th, 2020|Comments Off on Construction Put-in-Place, (CPIP)

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

U.S. Fabricated Beams Final Imports

January 27th, 2020|Comments Off on U.S. Fabricated Beams Final Imports

  Figure 1 breaks down total final fabricated beam imports from January 2018 – October 2019. When comparing year to date figures from 2018 and 2019. Fabricated Beam final imports to the U.S. were down [...]

ISM Manufacturing Index

January 22nd, 2020|Comments Off on ISM Manufacturing Index

The Institute of Supply Management’s Index moved down 0.9 points on month, (m/m) to 47.2 for December 2019. This value is a discouraging sign for the manufacturing sector.  The index has been greater than 50, [...]