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 [...]
The total number of operating rigs in the U.S. the week as of September 27th was 713 oil and 146 gas (totaling 860). In percentage terms, on a month on month, (m/m) basis, oil rigs were down 3.9% and gas down 9.9%. On a year on year, (y/y) comparison, rigs were down 17.4% for oil [...]
The total tonnage for the week ending September 14th was 1,811 million tons, (Mt) at a capacity utilization rate of 77.9%. The year to date tonnage output is 69,983 Mt, at an average capacity utilization rate of 81.1%. In 2018, the same output total was 64,240 Mt at 76.3%. Figure 1 shows production on the [...]
The total number of operating rigs in the U.S. the week as of August 16th was 770 oil and 165 gas (totaling 935). In percentage terms, on a month on month, (m/m) basis, oil rigs were down 1.2% and gas down 5.2%. On a year on year, (y/y) comparison, rigs were down 11.4% for oil [...]
Merchant final imports to the U.S. came in at 23,302 tons in June 2019, down 8.0% month over month (MoM), and up 9.5% year over year (YoY) Figure 1 further breaks down total final merchant imports from January 2018 – June 2019. When comparing year to date figures from 2018 and 2019. Figure 1 also [...]
Beam final imports came in at 33,412 tons for June 2019, down 43% Mom and up significantly YoY (120%. 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 January 2018 – [...]
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. The top five account for 64% of the total intake. 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 [...]
Total U.S. construction spending continued to perform well in June 2019, especially in the state and local sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that June’s twelve month total, (12MT) construction expenditures grew by 3.3% year on year (y/y), to $1305.9 billion (B). On a 12MT basis, private expenditures advanced 1.4% [...]
The total number of operating rigs in the U.S. the week as of July 12th was 784 oil and 172 gas (totaling 956). In percentage terms, on a month on month, (m/m) basis, oil rigs were down 0.5% and gas down 5.0%. On a year on year, (y/y) comparison, rigs were down 9.2% for oil [...]
The U.S. Census Bureau reported that; new orders for durable goods orders decreased by 1.3% month on month, (m/m) in May, following the 2.8% decrease in April. The always-volatile nondefense aircraft orders, decreasing 28.2% m/m and 39.4% y/y influenced this trend significantly. The Advance Report on Durable Goods (DG), provides statistics on manufacturers' value of [...]
