#METALMARKETUPDATE – JUNE ’24
In May, ISM Manufacturing Index (PMI) stood at 48.7 percent, a decrease of 0.5 percentage points from April’s 49.2 percent (i.e. a PMI reading above 50 means expansion, while below…
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#METALMARKETUPDATE – MAY ’24
The ISM Manufacturing Index (PMI) in the United States dropped to 49.2 in April 2024 from 50.3 the previous month, significantly below market expectations. This decline indicated a contraction in…
#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…
Featured Report #METALMARKETUPDATE – MARCH ’24
In February 2024, the ISM Manufacturing Index (PMI) in the U.S. dropped to 47.8, down from 49.1 the previous month. This figure was significantly below the anticipated 49.5, indicating the…
#METALMARKETUPDATE – FEBRUARY ’24
The January 2024 ISM Manufacturing Index (PMI) in the US showed improvement, reaching 49.1, the highest since October 2022, up from December’s 47.1 and surpassing the expected 47. Despite indicating…
#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…
