January 2018

Consumer Confidence

Consumer confidence increased in January as the Conference Board Consumer Confidence Composite Index rose by 2.3 points to 125.4, following a decline in December. On a three month moving average, (3MMA) the composite index measured 125.7, up 0.3 point month on month (m/m). On a year over year comparison, the 3MMA composite index was up [...]

U.S. Steel Mill Shipments and Domestic Consumption of Long Products*

For the 12 months ending December 2017, U.S. mill shipments of long products increased by 5.9% year on year, (y/y). U.S. domestic consumption of long products increased by 1.6% over the same timeframe. Import share of long products averaged 19.8% over the past 12 months, down from 22.6% for the 12 months ending December 2016. [...]

Global Crude Steel Production and Capacity Utilization

Worldsteel Association (WSA) reports that global crude steel production totaled 138.06 million tonnes (Mt) at a capacity utilization rate, (CUR) of 69.5% in December. Production was up by 1.51 Mt as the CUR was lower by 1.4 percentage points from November. On a year on year, (y/y) comparison, global crude steel production in December increased [...]