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.

Manufacturing Capacity Utilization

March 28th, 2019|Comments Off on Manufacturing Capacity Utilization

Manufacturing capacity utilization (MCU), scored a 75.4% in February, a relatively flat % change month on month, (m/m). On a year on year (y/y) comparison the MCU was down 0.45%. Manufacturing fundamentals continue to improve. [...]

Consumer Confidence

March 27th, 2019|Comments Off on Consumer Confidence

The Consumer confidence index rolled-back 7.3 points in March according to the Conference Board. The index now stands at 124.1. Despite the decline, the index remains at elevated levels with a positive trend line. On [...]

U.S. Industrial Production

March 27th, 2019|Comments Off on U.S. Industrial Production

The February Industrial production landed at 109.7, which was relatively flat MoM at 0.1%. This is encouraging after the change in January, which was downwards of 0.4%. These latest numbers released by the Federal Reserve [...]

Employment by Industry

March 26th, 2019|Comments Off on Employment by Industry

In February 2019 there were 150.606 million (M), an increase of 0.21% month on month, (m/m). Figure 1 shows manufacturing and construction employment on the same chart from 2005 to present. Both manufacturing and construction [...]

U.S. Service Center Shipments

March 23rd, 2019|Comments Off on U.S. Service Center Shipments

For the month of February total carbon steel shipments monthly shipments decreased 6.4% year on year, (y/y). Table 1 shows percentage change results for shipments, daily intake and inventory level. In all cases the percentage [...]

Global Crude Steel Production and Capacity Utilization

March 13th, 2019|Comments Off on Global Crude Steel Production and Capacity Utilization

Worldsteel Association (WSA) reports that global crude steel production totaled 146.7 million tonnes (Mt) at a capacity utilization rate, (CUR) of 76.2% in January. On a year on year, (y/y) comparison, global crude steel production [...]