#METALMARKETUPDATE – JANUARY ’24
In December 2023, the ISM Manufacturing Index (PMI) showed a slight improvement, rising to 47.4 compared to November’s 46.7, surpassing the anticipated 47.1 forecast. Despite this, the data indicated the…
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#METALMARKETUPDATE – DECEMBER ’23
In November 2023, the ISM Manufacturing Index (PMI) remained steady at 46.7, mirroring the October figure and falling short of the anticipated 47.6, indicating a sustained contraction in the manufacturing…
#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.…
#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…
