August 2019

U.S. Steel Capacity Utilization

2019-08-13T21:28:25+00:00

The total tonnage for the week ending August 10th was 1,867 million tons, (Mt) at a capacity utilization rate of 80.2%. The year to date tonnage output is 60,710 Mt, at an average capacity utilization rate of 81.4%. In 2018, the same output total was 56,769 Mt at 75.9%. ­­Figure 1 shows production on the [...]

U.S. Steel Capacity Utilization2019-08-13T21:28:25+00:00

June 2019

Construction Put-in-Place, (CPIP)

2019-07-17T16:27:32+00:00

Total U.S. construction spending continued to perform well in April 2019, especially in the state and local sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that April’s twelve month total, (12MT) construction expenditures grew by 4.5% year on year (y/y), to $1305.4 billion (B). On a 12MT basis, private expenditures advanced 2.8% [...]

Construction Put-in-Place, (CPIP)2019-07-17T16:27:32+00:00

June 2018

ISM Manufacturing Index

2018-06-05T15:46:35+00:00

The Institute of Supply Management’s Index moved up 1.4 points month on month, (m/m) to 58.7 for May 2018. This value is an encouraging sign for the manufacturing sector. The index has been greater than 50, (>50 = expansion) for twenty-one consecutive months. The new orders sub-index scored a 63.7, its twelfth month in a row [...]

ISM Manufacturing Index2018-06-05T15:46:35+00:00

March 2018

U.S. Reinforcing Steel Import Licenses

2018-03-16T20:42:42+00:00

Rebar licenses year to date, (YTD) through March 13th totaled 166,793 tons, 70% lower than the YTD 2017 level of 559,720 tons. So far in March, only 1,058 tons have been licensed, 97% of it from Mexico. For reference the YTD license volume in 2016 was 509,442. Straight lengths accounted for all but 36 tons [...]

U.S. Reinforcing Steel Import Licenses2018-03-16T20:42:42+00:00

January 2018

U.S. Industrial Production

2018-01-17T20:32:22+00:00

Industrial production, (IP) moved-up 0.9% in December, month on month, (m/m) besting the analysts’ consensus forecast. However, November’s IP overall index score was revised down to from +0.2% to -0.1%. On a year on year, (y/y) basis, the IP index was up 2.8%. Manufacturing was one of the industrial groups highlighted as making a solid [...]

U.S. Industrial Production2018-01-17T20:32:22+00:00

December 2017

Fabricated Beam Imports

2018-01-10T21:42:59+00:00

For the ten months ending October 2017, beam/structural imports to the U.S. totaled 1,016,727 tons, down 1.8% compared to the same period in 2016. Imports of fabricated beam/structural are increasing at an alarming rate having more than doubled since 2011. There are four HTS codes considered in this report. These include: Bridge/Bridge Section, Fabricated Structural [...]

Fabricated Beam Imports2018-01-10T21:42:59+00:00

Portland Cement Shipments

2018-01-10T22:13:52+00:00

U.S. cement shipments in October totaled 9.90 million, (Mt) short tons, up from the 9.32Mt September volume. For the three months total (3MMT), ending October, national Portland cement shipments were down slightly year on year, (y/y). Four of the nine census regions posted higher 3MMT cement shipments y/y. Figure 1 shows the three month moving average [...]

Portland Cement Shipments2018-01-10T22:13:52+00:00

­­­Construction Put-in-Place

2017-12-05T14:57:56+00:00

Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that October total construction expenditures grew by 2.2% year on year (y/y), to $1220.9 billion (B). Private expenditures advanced 6.4% y/y, while, State & Local contracted by 2.8% y/y. Non-residential CPIP increased by 3.3% y/y to $569.6B. Construction spending came-in above expectations in October at [...]

­­­Construction Put-in-Place2017-12-05T14:57:56+00:00

November 2017

Global Crude Steel Production and Capacity Utilization

2017-11-30T14:49:39+00:00

Worldsteel Association (WSA) reports that global crude steel production totaled 145.25 million tonnes (Mt) at a capacity utilization rate, (CUR) of 73.0% in October. On a year on year, (y/y) comparison, global crude steel production in October increased by 8.73 Mt as the capacity utilization rate rose 4.5 percentage points. On a three month moving [...]

Global Crude Steel Production and Capacity Utilization2017-11-30T14:49:39+00:00

U.S. Wire Rod Final Imports

2017-11-17T20:49:12+00:00

Wire rod final imports to the U.S. were up 6.1% year to date (YTD), year on year (y/y), totaling 1,531,628 tons for the nine months ending September 2017. September’s tonnage recorded 117,116 tons, 31.1% lower than the YTD average volume of 170,181 tons Figure 1 charts the largest exporting countries in rank order on a [...]

U.S. Wire Rod Final Imports2017-11-17T20:49:12+00:00