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.

Advanced Durable Goods Orders

March 20th, 2020|Comments Off on Advanced Durable Goods Orders

Advanced Durable Goods Orders: The U.S. Census Bureau reported that; new orders for durable goods orders decreased by 0.2% month on month, (m/m) in January, following the 2.9% increase in December. The always-volatile nondefense aircraft [...]

U.S. Service Center Shipments

March 16th, 2020|Comments Off on U.S. Service Center Shipments

U.S. Service Center Shipments:  On a three month moving average, (3MMA) basis, January total carbon steel shipments averaged 149,600 tons per day, compared to 146,100 tons per day in January 2019 (0.2% year on year, [...]

Construction Put-in-Place, (CPIP)

March 11th, 2020|Comments Off on Construction Put-in-Place, (CPIP)

­­­Construction Put-in-Place, (CPIP): Total U.S. construction spending continued to perform well in January 2020, especially in the state and local sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that January’s twelve month [...]

ISM Manufacturing Index

March 6th, 2020|Comments Off on ISM Manufacturing Index

ISM Manufacturing Index:  The Institute of Supply Management’s Index moved down 0.8 points on month, (m/m) to 50.9 for February 2020, this value is a little weaker than the forecast of 50.7.  The index has been [...]

U.S. Steel Capacity Utilization

March 6th, 2020|Comments Off on U.S. Steel Capacity Utilization

­­U.S. Steel Capacity Utilization: The total tonnage for the week ending February 29th was 1,923 million net tons, at a capacity utilization rate of 82.5%. The first time the capacity utilization has been over 82 [...]

U.S. Fabricated Beams Final Imports

March 2nd, 2020|Comments Off on U.S. Fabricated Beams Final Imports

U.S. Fabricated Beams Final Imports:  Fabricated Beam final imports to the U.S. were down 3.2% YoY, and up 17.8% MoM in December 2019, coming in at 36,940 tons.   Figure 1 breaks down total final [...]