#METALMARKETUPDATE – JUNE ’24
In May, ISM Manufacturing Index (PMI) stood at 48.7 percent, a decrease of 0.5 percentage points from April’s 49.2 percent (i.e. a PMI reading above 50 means expansion, while below…
Tag: API Standard
Engineering Services & Re-rates – #METALMARKETUPDATE (MAY, 2024)
Did you know that Ward’s World-Class Engineering Group regularly works in-step with our Field Service Division to help our customers with re-rates on tanks, vessels, and heat exchangers? Often, our…
ASME Key Words
You may have heard the old joke that ASME stands for Always / Sometimes / Maybe / Except. Not true, but it is true that it can be hard to…
#METALMARKETUPDATE – MAY ’24
The ISM Manufacturing Index (PMI) in the United States dropped to 49.2 in April 2024 from 50.3 the previous month, significantly below market expectations. This decline indicated a contraction in…
Sometimes, It Just Doesn’t Work Out… Until It Does. #METALMARKETUPDATE (APRIL, 2024)
Designing, manufacturing, installing and commissioning an ASME Pressure Vessel, API Tank or Shell & Tube Heat Exchanger can be an all-encompassing, time-consuming and expensive process. Due to those efforts and…
What is Flange Rigidity?
In the ASME code, Appendix 2 gives the rules and formulas for design of custom flanges (in other words, flanges that are not standard Class 150, 300, etc). Although the…
