US Industrial Production

June 23rd, 2017|Comments Off on US Industrial Production

The overall Industrial Production (IP) index on a three month moving average (3MMA), basis ticked up 0.41% month on month and by 0.72% year on year (y/y), in May following a large increase in April [...]

U.S. Steel Capacity Utilization

June 21st, 2017|Comments Off on U.S. Steel Capacity Utilization

US steel production averaged 1.734 million (M), tons per week at an average capacity utilization rate of 73.7% year to date (YTD), in 2017. The most recent four week capacity utilization rate edged-up to 74.6% [...]

U.S. Service Center Shipments

June 20th, 2017|Comments Off on U.S. Service Center Shipments

U.S. service center total carbon steel shipments increased by 5.9% year on year (y/y), in May on a three month moving average (3MMA) basis. An encouraging trend, this was the fifth consecutive monthly shipment increase. [...]

Global Crude Steel Production and Capacity Utilization

June 20th, 2017|Comments Off on Global Crude Steel Production and Capacity Utilization

World Steel Association (WSA) reports that global crude steel production totaled 143.325 million tonnes (Mt) at a capacity utilization rate (CUR) of 71.8% in May. This was a 0.5 point increase from last Mays’ 71.3% [...]

Producer Price Index

June 16th, 2017|Comments Off on Producer Price Index

The PPI for all commodities came in at 192.9 off 0.10% month on month (m/m) but up 4.1% year on year (y/y), in May. This was first downward tick after five months of advances. The [...]

U.S. Inventory Census Report

June 13th, 2017|Comments Off on U.S. Inventory Census Report

Total seasonally adjusted (SA), inflation adjusted manufacturing inventories totaled $576,651 million (M) at the end of April, down 0.80% month on month (m/m), but up 0.46% year on year, (y/y).The total manufacturing inventories to shipment [...]