#METALMARKETUPDATE – APRIL ’24
In March 2024, the ISM Manufacturing Index (PMI) in the United States rose to 50.3, up from 47.8 in February, surpassing market expectations of 48.4. This marked the first expansion…
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#METALMARKETUPDATE – APRIL ’23
The ISM Manufacturing Index (PMI) decreased to 46.3 in March, the lowest since May 2020. This could be implying that the rising interest rates and growing recession fears are starting…
#METALMARKETUPDATE – August ’21
Slipping just a bit in July, the ISM Manufacturing Index (PMI) came in at the 59.5 mark, compared to June’s 60.6. Manufacturers continue to struggle with broad-based shortages of materials and…
