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.

Currency Report

December 6th, 2018|Comments Off on Currency Report

The dollar Broad Index posted a reading of 103.0419 for November, up 1.1% month on month. On a twelve moving average, year on year, (y/y) comparison, the Broad Index was up 6.4%. Table 1 lists [...]

ISM Non-Manufacturing Index

December 6th, 2018|Comments Off on ISM Non-Manufacturing Index

The Institute for Supply Management’s non-manufacturing composite index increased by 0.4 of a point month on month, (m/m) to a strong 60.7 in November. The indexes remain strong in 2018, up 3.0% 3MMA y/y. The [...]

The Baltic Dry Index

December 5th, 2018|Comments Off on The Baltic Dry Index

The Baltic Dry Index (BDI), for November tumbled 353 points to 1,192 month on month (m/m), a 22.8% decline. Changes on a m/m comparison can be exhibit wild swings as was the case in November. [...]

ISM Manufacturing Index

December 4th, 2018|Comments Off on ISM Manufacturing Index

The Institute of Supply Management’s Index moved up 1.6 points month on month, (m/m) to 59.3 for November 2018. This continues the trend of the index being greater than 50, (>50 = expansion), now for 27 [...]

U.S. Steel Capacity Utilization

December 3rd, 2018|Comments Off on U.S. Steel Capacity Utilization

The total tonnage for the week ending December 1st was 1,906 million tons, (Mt) at a capacity utilization rate of 81.3%, which is the seventh consecutive month where the utilization has been over 80%. For [...]

Construction Put-in-Place, (CPIP)

December 3rd, 2018|Comments Off on Construction Put-in-Place, (CPIP)

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