#METALMARKETUPDATE – July ’22
The June ISM Manufacturing Index (PMI) decreased 3 percentage points, posting a 53 mark compared to May’s 56.1. This is the lowest reading since June 2020. Survey respondents noted that supply chain…
Tag: Industrial Manufacturing
#METALMARKETUPDATE – June ’22
May’s ISM Manufacturing Index (PMI) increased marginally to 56.1 from April’s 55.4 mark. May’s data indicates the 24th consecutive month of economic expansion. Survey respondents continue to mention supply chain and pricing…
#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…
#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…
