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.

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 [...]

U.S. Steel Capacity Utilization

March 12th, 2019|Comments Off on U.S. Steel Capacity Utilization

The total tonnage for the week ending March 9th was 1,941 million tons, (Mt) at a capacity utilization rate of 83.4%, which is the sixth consecutive month where the utilization has been over 80%. For [...]

ISM Non-Manufacturing Index

March 5th, 2019|Comments Off on ISM Non-Manufacturing Index

The Institute for Supply Management’s non-manufacturing composite index decreased by 1.3 of a point month on month, (m/m) to a strong 59.7 in February. The indexes remain strong in 2019, up 2.3% 3MMA y/y. The [...]

ISM Manufacturing Index

March 4th, 2019|Comments Off on ISM Manufacturing Index

The Institute of Supply Management’s Index moved up 1.6 points month on month, (m/m) to 54.2 for February 2019. This continues the trend of the index being greater than 50, (>50 = expansion), now for 30 [...]

Construction Put-in-Place, (CPIP)

March 4th, 2019|Comments Off on Construction Put-in-Place, (CPIP)

Total U.S. construction spending continued to perform well in December, 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 expenditures [...]

U.S. Steel Capacity Utilization

February 18th, 2019|Comments Off on U.S. Steel Capacity Utilization

The total tonnage for the week ending February 16th was 1,886 million tons, (Mt) at a capacity utilization rate of 81.0%, which is the fifth consecutive month where the utilization has been over 80%. For [...]