Market Update
February 2019
The total tonnage for the week ending February 16th was 1,886 million tons, (Mt) at a capacity utilization rate of 81.0%, which is the fifth consecutive month where the utilization has been over 80%.
January 2019
The total tonnage for the week ending January 1st was 1,906 million tons, (Mt) at a capacity utilization rate of 81.3%, which is the seventh consecutive month where the utilization has been over 80%.
September 2018
SBQ final imports to the U.S. were down 13.6% in 2018, year on year (y/y), totaling 281,667 tons YTD ending July 2018. July 2018 SBQ final imports came in at tons, 39,042 or 3.6% lower than the 40,478 tons in June.
Beam final imports to the U.S. were down 17.4% in 2018, year on year (y/y), totaling 284,039 tons YTD ending July 2018.
Rebar final imports to the U.S. were down 31.5% in 2018, year on year (y/y), totaling 811,809 tons YTD ending July 2018. July 2018 Rebar final imports came in at 150,874 tons, significantly higher than the 47,953 tons in June.
July 2018
Worldsteel Association (WSA) reports that global crude steel production totaled 151.4 million tonnes (Mt) at a capacity utilization rate, (CUR) of 78.5% in June.