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. Steel Beam Final Imports

May 17th, 2019|Comments Off on U.S. Steel Beam Final Imports

Beam final imports to the U.S. were down 19% YoY, and up 34% MoM in March 2019, coming in at 35,035 tons. These include: Angles, Shapes and H Sections, Angles, Shapes and I Sections, Angles H [...]

U.S. Steel Rebar Final Imports

May 17th, 2019|Comments Off on U.S. Steel Rebar Final Imports

Rebar final imports to the U.S. were down 20% YoY, and down 5.4% MoM in March 2019, coming in at 100,866 tons. These include: concrete reinforcing bars and rods of iron or non-alloy steel, in irregularly [...]

U.S. Steel Merchant Final Imports

May 17th, 2019|Comments Off on U.S. Steel Merchant Final Imports

Merchant final imports to the U.S. were down 33% YoY, and up 67% MoM in March 2019, coming in at 26,730 tons. The top five account for 64% of the total intake. These include: Light [...]

Oil and Gas Rotary Rig Counts

May 10th, 2019|Comments Off on Oil and Gas Rotary Rig Counts

Total number of operating rigs in the U.S. the week as of May 10th was 988, 805 oil and 183 gas. In percentage terms, on a month on month, (m/m) basis, oil rigs were down [...]

The Baltic Dry Index

May 6th, 2019|Comments Off on The Baltic Dry Index

The Baltic Dry Index (BDI), for April 2019 increased 95 points to 775 month on month (m/m), a 14% increase. Looked at on a three month moving average, (3MMA) comparison the BDI fell 2.0% to [...]

U.S. Service Center Shipments

May 2nd, 2019|Comments Off on U.S. Service Center Shipments

On a three month moving average, (3MMA) basis, March total carbon steel shipments averaged 147,286 tons per day, compared to 162,819 tons per day in March 2018 (-9.5 % year on year, (y/y). Figure 1 [...]