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.

Employment New Jobless Claims

July 21st, 2017|Comments Off on Employment New Jobless Claims

The U.S. labor market is performing well. Initial claims for unemployment insurance benefits remain at a historically low level. New seasonally adjusted (SA), filings for unemployment insurance benefits fell by 15,000 to 233,000 for the week [...]

U.S. Manufacturing Capacity Utilization

July 21st, 2017|Comments Off on U.S. Manufacturing Capacity Utilization

Manufacturing capacity utilization (MCU), came in at 75.4% in June, flat month on month (m/m), up 0.3 percentage point year on year (y/y). Year to date (YTD), MCU has stayed in a very narrow range [...]

U.S. Service Center Shipments

July 21st, 2017|Comments Off on U.S. Service Center Shipments

U.S. service center total carbon steel shipments increased by 3.2% year on year (y/y), in June on a three month moving average (3MMA), basis. This was an encouraging trend as it was the sixth consecutive [...]

Architectural Billings Index

July 20th, 2017|Comments Off on Architectural Billings Index

The national ABI score for June was 54.2, up 2.2 points above May’s score, (> 50 indicates an increase in billings). The ABI has been greater than 50 for five of months in a row [...]

Global Crude Steel Production and Capacity Utilization

July 20th, 2017|Comments Off on Global Crude Steel Production and Capacity Utilization

Worldsteel Association (WSA) reports that global crude steel production totaled 141,046 million tonnes (Mt) at a capacity utilization rate (CUR) of 73.0% in June. This was 4.843 Mt greater than June 2016 at a 3.6 [...]

China Domestic Prices

July 20th, 2017|Comments Off on China Domestic Prices

China Metals Weekly (CMW), July 19th newsletter reported that prices were up across all product lines on a week on week (w/w), basis. Angles advanced 4.1% to $529 per ton, channels increased by 2.9% to [...]