#MetalMarketUpdate – August ’20 Newsletter
The ISM Manufacturing Index (PMI) continued progress in July, increasing from June’s 52.6 mark to reach 54.2 – which is a 15-month high reading. The underlying data revealed a mixed bag…
Category: Newsletters – our monthly #MetalMarketUpdate
Section 232 (Tariffs on Imported Steel and Aluminum) and Section 301 (Tariffs on Chinese Final Products)
Effective June 1st 2018 – the Trump administration imposed 25% steel and 10% aluminum tariffs (section 232) on all countries including the European Union, Canada and Mexico. The month of August…
#MetalMarketUpdate – July ’20 Newsletter
June’s ISM Manufacturing Index (PMI) jumped from the 43.1 reading in May to a 52.6 mark in June. This is the first expansion for manufacturing in 3 months. Employment increases,…
Section 232 (Tariffs on Imported Steel and Aluminum) and Section 301 (Tariffs on Chinese Final Products)
Effective June 1st 2018 – the Trump administration imposed 25% steel and 10% aluminum tariffs (section 232) on all countries including the European Union, Canada and Mexico. The month of August…
#MetalMarketUpdate – May ’20 Newsletter
Continuing March’s trend, the ISM Manufacturing Index (PMI) shrunk more in April, ending at a 41.5 reading compared to March’s 49.1. The coronavirus pandemic and global energy market weakness acted…
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