March 2018

U.S. Wire Rod Import Licenses

Wire Rod licenses for the month of March through the 13th, totaled 13,810 tons, 93% lower than March 2017. On a YTD basis licensed import volume was 237,763 tons, 52% less than the 495,986 tons YTD 2017. Three HTS codes are includes in this analysis. Year to date, the largest contributor is Bars (<0.55”), which [...]

U.S. Beam Import Licenses

Beam licenses through March 13th totaled just 4,300 tons, down 37,128 tons or 89.6% from last March’s total of 41,428 tons. Year to date, (YTD) beam import license volume through March 13th totaled 68,856 ton, vs. 105,008 tons YTD 2017 and 147,163 tons YTD 2016. Thus far in 2018, wide flange beams accounted for 66%, [...]

U.S. SBQ Steel Import Licenses

Total SBQ licenses year to date, (YTD) through March 13th totaled 81,716 tons, down 16% from the YTD 2017 total of 97,035 tons. Thus far in March, 9,202 tons of licenses have been requested, down 74% from the 34,995 tons in March 2017. Figure 1 shows the monthly total SBQ licenses for from April 2017 [...]

­­U.S. Steel Capacity Utilization

The total tonnage for the week ending March 3rd was 1,834 million tons, (Mt) at a capacity utilization rate of 78.7%. This was the highest capacity utilization rate since the week of September 20, 2014 and can be attributed to the pending 25% steel tariff proposed by president Trump. For the first nine weeks of [...]

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

For the 12 months ending January 2018, U.S. mill shipments of long products increased by 6.4% year on year, (y/y). U.S. domestic consumption of long products increased by 0.6% over the same timeframe. Import share of long products averaged 19.1% over the past 12 months, down from 22.7% for the 12 months ending January 2017. [...]

Portland Cement Shipments

U.S. national Portland cement shipments in December totaled 6.71 million, (Mt) short tons. For the three months total (3MMT), ending December, cement shipments were up 3.3% year on year, (y/y). Five of the nine census regions posted higher 3MMT cement shipments y/y. Figure 1 shows the three month moving average shipments in tons per month [...]

February 2018

Global Crude Steel Production and Capacity Utilization

Worldsteel Association (WSA) reports that global crude steel production totaled 138.823 million tonnes (Mt) at a capacity utilization rate, (CUR) of 70.0% in January. Production was up by 1.380 Mt month on month as the CUR was up 0.7 percentage points over December. On a year on year, (y/y) comparison, global crude steel production in [...]

U.S. Reinforcing Steel Import Licenses

Rebar licenses through February 20th totaled 30,273 tons, well down, (75.3%) from last February’s 122,522 tons. On a year to date, (YTD) basis, there have been a total of 154,099 tons of rebar license requests, down 52.3% from YTD 2017. Straight lengths accounts for 98.8% of rebar imports. Figure 1 shows total rebar licenses by [...]

U.S. SBQ Steel Import Licenses

Total SBQ licenses through February 20th totaled 24,015 tons, down 13.4% from last February’s 27,747 tons. Year to date, (YTD) licenses totaled 61,468 tons, up 18.1% from YTD 2017s, 52,041 tons. Figure 1 shows the monthly total SBQ licenses for both 2016 and 2017, (and February 2018) as reported by the Steel Import Monitoring System [...]

U.S. Beam Import Licenses

Beam licenses through February 20th totaled 29,169 tons, up 5,618 tons or 23.8% from last February’s total of 23,551 tons. Month on month, (m/m) February’s license volume was higher by 4,095 tons. Year to date, (YTD), total licensed beam imports stand at 54,243 tons. Wide flange beams accounted for 66.8% and standard I beams made [...]