May 2019

Canadian Manufacturing Capacity Utilization


Manufacturing capacity utilization (MCU), scored a 80.7% in March, up 2.2% month on month, (m/m), its first month over 80% since October of last year. On a year on year (y/y) comparison, the Canadian MCU was down 3.5%. Canadian manufacturing sales increased by 2.1% to $58.0 billion in March 2019. Inventories also saw an increase [...]

Canadian Manufacturing Capacity Utilization2019-05-22T20:50:34+00:00

U.S. Steel Beam Final Imports


Beam final imports to the U.S. were down 19% YoY, and up 34% MoM in March 2019, coming in at 35,035 tons. These include: Angles, Shapes and H Sections, Angles, Shapes and I Sections, Angles H Sections Iron and Non-Alloy Steel Hot-rolled, and Other H Sections. Figure 1 further breaks down total final beam imports from [...]

U.S. Steel Beam Final Imports2019-05-20T21:49:13+00:00

U.S. Steel Rebar Final Imports


Rebar final imports to the U.S. were down 20% YoY, and down 5.4% MoM in March 2019, coming in at 100,866 tons. These include: concrete reinforcing bars and rods of iron or non-alloy steel, in irregularly wound coils hot-rolled, concrete reinforcing bars and rods of other alloy steel, not further worked than hot-rolled, hot-drawn or extruded, [...]

U.S. Steel Rebar Final Imports2019-05-20T21:42:05+00:00

U.S. Steel Merchant Final Imports


Merchant final imports to the U.S. were down 33% YoY, and up 67% MoM in March 2019, coming in at 26,730 tons. The top five account for 64% of the total intake. These include: Light angles (<3” = 7,508 tons), MBQ (coil >0.75” dia. = 4,372 tons), MBQ (rectangular <0.25 carbon, max cross section <152 [...]

U.S. Steel Merchant Final Imports2019-05-20T21:42:32+00:00

U.S. Service Center Shipments


On a three month moving average, (3MMA) basis, March total carbon steel shipments averaged 147,286 tons per day, compared to 162,819 tons per day in March 2018 (-9.5 % year on year, (y/y). Figure 1 shows percentage change results for shipments, daily intake and inventory level. In all cases the percentage change references 3MMA y/y. [...]

U.S. Service Center Shipments2019-05-17T20:37:09+00:00

ISM Non-Manufacturing Index


The Institute for Supply Management’s non-manufacturing composite index decreased by 0.6 of a point month on month, (m/m) to 55.5 in April. The indexes remain strong in 2019, up 1.3% 12MMA y/y. The ISM nonmanufacturing survey measures the rate and direction of change in activity in nonmanufacturing industries. Surveys are sent to more than 370 [...]

ISM Non-Manufacturing Index2019-05-14T19:02:03+00:00

ISM Manufacturing Index


The Institute of Supply Management’s Index moved down 2.5 points on month, (m/m) to 52.8 for April 2019. This value is an encouraging sign for the manufacturing sector.  The index has been greater than 50, (>50 = expansion) for thirty-two consecutive months. The new orders sub-index scored a 51.7.  Overall, the ISM manufacturing index is strong [...]

ISM Manufacturing Index2019-05-01T18:54:16+00:00