April 2018

March 2018

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

For the 12 months ending February 2018, U.S. mill shipments of long products increased by 6.2% year on year, (y/y). U.S. domestic consumption of long products increased by 0.1% over the same timeframe. Import share of long products averaged 18.4% over the past 12 months, down from 22.4% for the 12 months ending February 2017. [...]

Global Crude Steel Production and Capacity Utilization

Worldsteel Association (WSA) reports that global crude steel production totaled 131.791 million tonnes (Mt) at a capacity utilization rate, (CUR) of 73.3% in February. Production was down by 13.07 Mt month on month but the CUR was up 0.5 percentage points over January. According to WSA, global excess capacity was substantially reduced by month on [...]

U.S. Service Center Shipments

On a three month moving average, (3MMA) basis, February total carbon steel shipments averaged 140,700 tons per day, climbing 4.1% year on year, (y/y). Bar and Shapes and Plate shipments led the advance, each recording double-digits percentage increases. Table 1 shows percentage change results for shipments, daily intake and inventory level. In all cases the [...]