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.

ISM Non-Manufacturing Index

August 4th, 2018|Comments Off on ISM Non-Manufacturing Index

The Institute for Supply Management’s non-manufacturing composite index decreased 3.4 points month on month, (m/m) to 55.7 in July. The indexes is off strong start in 2018, up 3.1% 3MMA y/y. The strong advance in [...]

­­­Construction Put-in-Place, (CPIP)

August 2nd, 2018|Comments Off on ­­­Construction Put-in-Place, (CPIP)

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

Global Crude Steel Production and Capacity Utilization

July 24th, 2018|Comments Off on Global Crude Steel Production and Capacity Utilization

Worldsteel Association (WSA) reports that global crude steel production totaled 151.4 million tonnes (Mt) at a capacity utilization rate, (CUR) of 78.5% in June. On a year on year, (y/y) comparison, global crude steel production [...]

U.S. Manufacturing Capacity Utilization

July 23rd, 2018|Comments Off on U.S. Manufacturing Capacity Utilization

Manufacturing capacity utilization (MCU), scored a 75.5% in June, up 0.67% month on month, (m/m), its third consecutive monthly increase. On a year on year (y/y) comparison the MCU was up 0.9%. Manufacturing fundamentals continue [...]

U.S. Industrial Production

July 22nd, 2018|Comments Off on U.S. Industrial Production

The June Industrial production, (IP) report gained 0.6% month on month, (m/m). This after a disappointing negative 0.5% change in May. On a three month moving average. On a year on year, (y/y) basis, the [...]

U.S. Steel Capacity Utilization

July 17th, 2018|Comments Off on U.S. Steel Capacity Utilization

The total tonnage for the week ending July 14th was 1,783 million tons, (Mt) at a capacity utilization rate of 776.1%. For the first 28 weeks of 2018, total tonnage output was 49,435 Mt, at [...]