Beam final imports came in at 33,412 tons for June 2019, down 43% Mom and up significantly YoY (120%. 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.

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. The top five account for 64% of the total intake.

Total U.S. construction spending continued to perform well in June 2019, especially in the state and local sector.

The total number of operating rigs in the U.S. the week as of July 12^th was 784 oil and 172 gas (totaling 956). In percentage terms, on a month on month, (m/m) basis, oil rigs were down 0.5% and gas down 5.0%.

The U.S. Census Bureau reported that; new orders for durable goods orders decreased by 1.3% month on month, (m/m) in May, following the 2.8% decrease in April. The always-volatile nondefense aircraft orders, decreasing 28.2% m/m and 39.4% y/y influenced this trend significantly.

The total tonnage for the week ending June 22^nd was 1,873 million tons, (Mt) at a capacity utilizatio