May 2019

Canadian Manufacturing Capacity Utilization


Manufacturing capacity utilization (MCU), scored a 80.7% in March, up 2.2% month on month, (m/m), its first month over 80% since October of last year. On a year on year (y/y) comparison, the Canadian MCU was down 3.5%. Canadian manufacturing sales increased by 2.1% to $58.0 billion in March 2019. Inventories also saw an increase [...]

Canadian Manufacturing Capacity Utilization2019-05-22T20:50:34+00:00

U.S. Steel Beam Final Imports


Beam final imports to the U.S. were down 19% YoY, and up 34% MoM in March 2019, coming in at 35,035 tons. These include: Angles, Shapes and H Sections, Angles, Shapes and I Sections, Angles H Sections Iron and Non-Alloy Steel Hot-rolled, and Other H Sections. Figure 1 further breaks down total final beam imports from [...]

U.S. Steel Beam Final Imports2019-05-20T21:49:13+00:00

U.S. Steel Rebar Final Imports


Rebar final imports to the U.S. were down 20% YoY, and down 5.4% MoM in March 2019, coming in at 100,866 tons. These include: concrete reinforcing bars and rods of iron or non-alloy steel, in irregularly wound coils hot-rolled, concrete reinforcing bars and rods of other alloy steel, not further worked than hot-rolled, hot-drawn or extruded, [...]

U.S. Steel Rebar Final Imports2019-05-20T21:42:05+00:00

U.S. Steel Merchant Final Imports


Merchant final imports to the U.S. were down 33% YoY, and up 67% MoM in March 2019, coming in at 26,730 tons. The top five account for 64% of the total intake. These include: Light angles (<3” = 7,508 tons), MBQ (coil >0.75” dia. = 4,372 tons), MBQ (rectangular <0.25 carbon, max cross section <152 [...]

U.S. Steel Merchant Final Imports2019-05-20T21:42:32+00:00

Oil and Gas Rotary Rig Counts


Total number of operating rigs in the U.S. the week as of May 10th was 988, 805 oil and 183 gas. In percentage terms, on a month on month, (m/m) basis, oil rigs were down 0.2%, (-2 rigs) as gas rigs posted no change. On a year on year, (y/y) comparison, rigs were down 4.6% [...]

Oil and Gas Rotary Rig Counts2019-05-14T20:30:06+00:00

U.S. Service Center Shipments


On a three month moving average, (3MMA) basis, March total carbon steel shipments averaged 147,286 tons per day, compared to 162,819 tons per day in March 2018 (-9.5 % year on year, (y/y). Figure 1 shows percentage change results for shipments, daily intake and inventory level. In all cases the percentage change references 3MMA y/y. [...]

U.S. Service Center Shipments2019-05-17T20:37:09+00:00

ISM Non-Manufacturing Index


The Institute for Supply Management’s non-manufacturing composite index decreased by 0.6 of a point month on month, (m/m) to 55.5 in April. The indexes remain strong in 2019, up 1.3% 12MMA y/y. The ISM nonmanufacturing survey measures the rate and direction of change in activity in nonmanufacturing industries. Surveys are sent to more than 370 [...]

ISM Non-Manufacturing Index2019-05-14T19:02:03+00:00

ISM Manufacturing Index


The Institute of Supply Management’s Index moved down 2.5 points on month, (m/m) to 52.8 for April 2019. This value is an encouraging sign for the manufacturing sector.  The index has been greater than 50, (>50 = expansion) for thirty-two consecutive months. The new orders sub-index scored a 51.7.  Overall, the ISM manufacturing index is strong [...]

ISM Manufacturing Index2019-05-01T18:54:16+00:00