Oil and Gas Rotary Rig Counts: The total number of operating rigs in the U.S. the week as of April 3rd was 563 oil and 100 gas (totaling 663). In percentage terms, on a month on month, (m/m) basis, oil rigs were down 17.6% and gas down 8.3%. On a year on year, (y/y) comparison, [...]
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 orders, decreasing 66.7% m/m and down 41.8% y/y influenced this trend significantly. The Advance Report on Durable Goods (DG), provides [...]
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 percent since the week of January 1st, 2020. The year to date tonnage output is 17,212 million net tons, at [...]
The total number of operating rigs in the U.S. the week as of February 14th was 678 oil and 110 gas (totaling 788). In percentage terms, on a month on month, (m/m) basis, oil rigs were up 1.0% and gas down 8.3%. On a year on year, (y/y) comparison, rigs were down 20.9% for oil [...]
The U.S. Census Bureau reported that; new orders for durable goods orders increased by 2.4% month on month, (m/m) in December, following the 3.1% decrease in November. The always-volatile nondefense aircraft orders, decreasing 74.7% m/m and down 41.6% y/y influenced this trend significantly. The Advance Report on Durable Goods (DG), provides statistics on manufacturers' value [...]
Figure 1 breaks down total final fabricated beam imports from January 2018 – October 2019. When comparing year to date figures from 2018 and 2019. Fabricated Beam final imports to the U.S. were down 8% YoY, and down 4% MoM in October 2019, coming in at 37,899 tons. Figure 2 also charts the [...]
The total tonnage for the week ending January 11th was 1,923 million net tons, at a capacity utilization rate of 82.5%. The first time the capacity utilization has been under 82 percent since the week of April 13th, 2019. The year to date tonnage output is 3,821 million net tons, at an average capacity utilization [...]
Oil and Gas Rotary Rig Counts: The total number of operating rigs in the U.S. the week as of December 13th was 667 oil and 129 gas (totaling 796). In percentage terms, on a month on month, (m/m) basis, oil rigs were down 1.0% and gas down 0.0%. On a year on year, (y/y) comparison, [...]
The U.S. Census Bureau reported that; new orders for durable goods orders increased by 0.6% month on month, (m/m) in October, following the 1.4% decrease in September. The always-volatile nondefense aircraft orders, increasing 10.7% m/m and down 38.5% y/y influenced this trend significantly. The Advance Report on Durable Goods (DG), provides statistics on manufacturers' value [...]
Fabricated Beam final imports to the U.S. were down 25% YoY, and up 11% MoM in July 2019, coming in at 39,655 tons. There are four HTS codes considered in this report. These include: Bridge/Bridge Section, Fabricated Structural – Other, Fabricated Beams and Fabricated Beams – Other. Sixty-five percent of the volume is classified as [...]
