Newsletters - our monthly #MetalMarketUpdate Archives - Page 8 of 11

#METALMARKETUPDATE – NOVEMBER ’21

Posted on November 4, 2021

The ISM Manufacturing Index (PMI) retreated slightly in October, registering a 60.8 reading compared to September’s 61.1. This still marks the 17th consecutive month of growth, despite the slight drawback. The October reading…

#METALMARKETUPDATE – OCTOBER ’21

Posted on October 5, 2021

September’s ISM Manufacturing Index (PMI) improved to a 61.1 reading, slightly better than August’s 59.9. This marks the 16th consecutive month of growth in the economy. While new orders held steady and backlogs…

#METALMARKETUPDATE – September ’21

Posted on September 8, 2021

The ISM Manufacturing Index (PMI) was fairly static month over month, registering a 59.9 reading in August compared to July’s 59.5. The good: new orders and production increased in August. The bad: the backlog…

#METALMARKETUPDATE – August ’21

Posted on August 10, 2021

Slipping just a bit in July, the ISM Manufacturing Index (PMI) came in at the 59.5 mark, compared to June’s 60.6. Manufacturers continue to struggle with broad-based shortages of materials and…

#METALMARKETUPDATE – JULY ’21

Posted on July 7, 2021

The ISM Manufacturing Index (PMI) continues to reflect a robust recovery, chiming in at a 60.6 mark, a slight decrease from May’s 61.2. Overall, the manufacturing sector is struggling to keep…

#MetalMarketUpdate – June ’21

Posted on June 8, 2021

The May ISM Manufacturing Index (PMI) continued to illustrate a strong recovery, registering a 61.2 mark, a slight increase from April’s 60.7. Remarkably, the manufacturing sector could be growing faster if…