Newsletters – our monthly #MetalMarketUpdate

#MetalMarketUpdate – December ’20 Newsletter

Posted on December 7, 2020

Activity in the manufacturing sector continued to grow in November, as evidenced by the ISM Manufacturing Index (PMI) coming in at a 57.5 reading (slightly down from October’s 59.3). Labor market difficulties continue to be…

#MetalMarketUpdate – November ’20 Newsletter

Posted on November 5, 2020

Registering a 59.3 reading, the October ISM Manufacturing Index (PMI) rose from September’s 55.4. The new orders sub-category reached the highest level in nearly 17 years, providing support for the overall…

Section 232 (Tariffs on Imported Steel and Aluminum) and Section 301 (Tariffs on Chinese Final Products)

Posted on November 5, 2020

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 – October ’20 Newsletter

Posted on October 6, 2020

The ISM Manufacturing Index (PMI) slipped ever so slightly in September, registering a 55.4 versus the 56 recorded in August. With a reading above 50, this marks the fourth consecutive month…

Section 232 (Tariffs on Imported Steel and Aluminum) and Section 301 (Tariffs on Chinese Final Products)

Posted on October 6, 2020

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 – September ’20 Newsletter

Posted on September 6, 2020

Rising for the third consecutive month, The ISM Manufacturing Index (PMI) reached 56 in August (July registered at 54.2). While overall demand and consumption continued to increase, many survey respondents…