#METALMARKETUPDATE – NOVEMBER ’23
In October 2023, the ISM Manufacturing Index (PMI) decreased to 46.7, down from the 10-month high of 49 in the previous month, falling significantly below the expected value of 49.…
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#METALMARKETUPDATE – September ’23
In August 2023, the ISM Manufacturing Index (PMI) increased to 47.6 from the previous month’s 46.4, slightly surpassing the market’s expected value of 47.0. Nevertheless, this figure still indicated that…
#METALMARKETUPDATE – AUGUST ’23
The ISM Manufacturing Index (PMI) edged higher to 46.4 in July 2023 from a nearly three-year low of 46 in June, but below market expectations of 46.8. The reading pointed…
#METALMARKETUPDATE – JULY ’23
The ISM Manufacturing Index (PMI) fell to 46 in June 2023, from 46.9 in May. The reading pointed to a faster rate of contraction in the manufacturing sector since May…
#METALMARKETUPDATE – JUNE ’23
The ISM Manufacturing Index (PMI) fell to 46.9 in May 2023 from 47.1 in April. The reading indicated a seventh consecutive month of contraction in the manufacturing sector, as companies…
#METALMARKETUPDATE – MAY ’23
The ISM Manufacturing Index (PMI) increased to 47.1 in April 2023. This is a welcomed change as it rose from its three-year low of 46.3 seen in March. These figures still suggest economic activity…
