#METALMARKETUPDATE – May ’22
Declining for the second consecutive month, April’s ISM Manufacturing Index (PMI) slid to a 55.4 mark from the 57.1 registered in March. Headwinds presented by persistent labor shortages, instability in energy…
Tag: Industrial Manufacturing
#METALMARKETUPDATE – APRIL ’22
The March ISM Manufacturing Index (PMI) reading fell to 57.1 from February’s 58.6 mark. The slight decrease was largely attributed to supply chain constraints and higher price inputs. In something of a…
#METALMARKETUPDATE – Supplemental MARCH ’22
*** Supplemental Emergency Update on Nickel Pricing *** To say that the Nickel market has been in a state of disarray in March would be a gross understatement. Historic, unprecedented,…
#METALMARKETUPDATE – MARCH ’22
*** Emergency Update on Nickel Pricing *** There has been a tremendous amount of volatility in the commodity market over the past two days with Nickel pricing. The London Metal…
#MetalMarketUpdate – February ’22
The ISM Manufacturing Index (PMI) slipped a bit in January, declining from December’s 58.8 mark to a reading of 57.6. This still marks the 20th consecutive month of expansion in the overall…
#METALMARKETUPDATE – JANUARY ’22
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,…
