#MetalMarketUpdate – June ’21
The May ISM Manufacturing Index (PMI) continued to illustrate a strong recovery, registering a 61.2 mark, a slight increase from April’s 60.7. Remarkably, the manufacturing sector could be growing faster if…
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#MetalMarketUpdate – May ’21 Newsletter
Declining slightly from March’s 64.7 reading, the April ISM Manufacturing Index (PMI) maintained a healthy 60.7 mark, still indicating solid expansion since the sharp contraction in April of 2020. Of concern, however, is the chorus…
#MetalMarketUpdate – April ’21 Newsletter
The March ISM Manufacturing Index (PMI) jumped to a 64.7 reading, the highest level since December of 1983. Besting February’s 60.8 mark, March’s report indicated that 17 of the 18 industries…
#MetalMarketUpdate – March ’21 Newsletter
Improving off of January’s 58.7 level, February’s ISM Manufacturing Index (PMI) registered a 60.8 reading – marking the ninth consecutive month of manufacturing sector expansion. New orders, production, and employment measures…
#MetalMarketUpdate – February ’21 Newsletter
Starting the New Year off strong, January’s ISM Manufacturing Index (PMI) registered a 58.7 mark, just under December’s 60.5. As a reminder, a reading in excess of 55 is considered exceptional. Of…
#MetalMarketUpdate – January ’21 Newsletter
The ISM Manufacturing Index (PMI) increased to 60.7 in December, a measured increase from November’s 57.5 reading and extending the overall expansion in the economy to the 8th consecutive month. This was the fastest pace of…
