Market Update
September 2019
Beam final imports came in at 36,245 tons for July 2019, up 8.5% Mom. 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.
August 2019
Merchant final imports to the U.S. came in at 23,302 tons in June 2019, down 8.0% month over month (MoM), and up 9.5% year over year (YoY)
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.
July 2019
The total tonnage for the week ending July 6th was 1,847 million tons, (Mt) at a capacity utilization rate of 79.4%. The first time the capacity utilization has been under 80 percent since the week of January 12th, 2019.
May 2019
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%.