April 2018

U.S. Steel Capacity Utilization

The total tonnage for the week ending April 7th was 1,805 million tons, (Mt) at a capacity utilization rate of 77.0%. For the first 14 weeks of 2018, total tonnage output was 24,643 Mt, at a capacity utilization rate of 75.5%. In 2017, the same 12 weeks production total was 24,254 Mt at 73.2%. Thus [...]

­­U.S. Steel Capacity Utilization

The total tonnage for the week ending March 31st was 1,776 million tons, (Mt) at a capacity utilization rate of 76.2%. For the first 13 weeks of 2018, total tonnage output was 22,838 Mt, at an average capacity utilization rate of 75.4%. In 2017, the same 13 weeks production total was 22,551 Mt at 73.2%. [...]

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. Steel Beam Imports

For all of 2017, Beam final imports to the U.S. were down 4.3% year on year (y/y), totaling 534,488 tons. For the month of January, Beam imports totaled 20,887 tons down 49% from last January’s total of 40,987 tons. Year to date, (YTD) wide flange beams accounted for 71% of total beam imports, while standard [...]

U.S. Reinforcing Steel Final Imports

For all of 2018, Rebar final imports to the U.S. were down 25.8% year on year (y/y), totaling 1,566,308 tons. January rebar imports were 95,805 tons, 56.8% lower than January 2017 volume of 221,968 tons. Year to date, (YTD) straight length rebar accounted for 98.3% of the total imports, “other rebar” made up the balance. [...]

U.S. Steel Merchant Final Imports

Merchant final imports to the U.S. were up 1.2% in 2017, year on year (y/y), totaling 541,630 tons for the twelve months ending December 2017. January merchant imports came in at 37,527 tons, 28.1% less than the 52,203 ton volume in January 2017. There are thirteen HTS codes that combine to total our definition of [...]

U.S. Steel Special Bar Quality Final Imports

SBQ final imports to the U.S. were up 27.4% in 2017, year on year (y/y), totaling 570,523 tons for the twelve months ending December 2017. January 2018 SBQ imports came in at tons, 39,926 or 5.0% lower than the 42,025 ton January 2017 volume. There are nineteen HTS codes that contribute to our definition of [...]

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 [...]

U.S. Merchant Steel Import Licenses

Total Merchant licenses, (representing 10 HTS codes), year to-date, (YTD) through March 13th totaled 141,412 tons down 40% from last year’s 236,236 tons. Month to-date, there have been a total of 12,790 tons of Merchant license requests, 85% lower than March 2017 volume of 87,253 tons. Figure 1 shows the overall total Merchant licenses from [...]