Newsletters - our monthly #MetalMarketUpdate Archives - Page 9 of 13

#METALMARKETUPDATE – JANUARY ’22

Posted on January 6, 2022

The ISM Manufacturing Index (PMI) registered a 58.7 reading in December, a decline from November’s 61.1. Comments from manufacturers indicate a continued high demand environment constrained by persistent supply chain disruptions,…

#METALMARKETUPDATE – DECEMBER ’21

Posted on December 7, 2021

November saw the ISM Manufacturing Index (PMI) remain healthy, improving to a 61.1 level, slightly above the October reading of 60.8. New orders, production, and employment measures all expanded in November. The…

#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…