Market Update





The Gerdau Market Update tracks and analyzes over 100 data streams that affect long steel consumption, attempting to provide the latest on market trends. Below, you will find the most recent information about Macroeconomics, Steel Econometrics, Construction and Manufacturing as it becomes available.

View Block
U.S. Steel Rebar Final Imports: Final rebar imports to the U.S. came in at 94,527 tons for the month of March 2025, up 86% m/m. Rebar imports include: concrete reinforcing bars and rods of iron or non-alloy steel, irregularly wound coils hot-rolled, concrete reinforcing bars and rods of other alloy steel, not further worked than hot-rolled, hot-drawn or extruded, and other bars and rods of iron or non-alloy steel, hot-worked, concrete reinforcing bars and rods.
U.S. Steel Merchant Final Imports: Final merchant imports to the U.S. came in at 27,582 tons in March 2025, decreasing 31% month over month (m/m).
U.S. Fabricated Beam Final Imports: Final fabricated beam imports to the U.S. came in at 52,703 tons in March 2025, decreasing 5% month over month (m/m).
U.S. Steel Beam Final Imports: Final beam imports to the U.S. came in at 40,040 tons for March 2025, up 18% since last month. These include: Angles, Shapes and H Sections, Angles, Shapes and I Sections, Iron and Non-Alloy Steel Hot-rolled, and Other H Sections.
Oil and Gas Rotary Rig Counts: The total number of operating rigs in Canada for the week ending February 28th was 177 oil and 71 gas (totaling 248). In percentage terms, on a month on month (m/m) basis, oil rigs were down 4.8% and gas down 1.4%. On a year on year (y/y) comparison, rigs were up 22.9% for oil and down 18.4 for gas. The combined figure for y/y was -18.4% or +17 rigs.
Oil and Gas Rotary Rig Counts: The total number of operating rigs in the U.S. for the week ending February 28th was 486 oil and 102 gas (totaling 588). In percentage terms, on a month on month (m/m) basis, oil rigs were up 1.5% and gas up 4.1%. On a year on year (y/y) comparison, rigs were down 4.0% for oil and down 14.3% for gas. The combined figure for y/y was -5.7%, or -36 rigs.
a

Subscribe

To subscribe to the Market Update emails, please fill the form below.