#METALMARKETUPDATE – OCTOBER ’22
September’s ISM Manufacturing (PMI) fell to a 50.9 reading from the 52.8 registered in August. While the manufacturing sector continues to expand, activity is at its lowest since the pandemic recovery…
Tag: Tariffs
#METALMARKETUPDATE – September ’22
The ISM Manufacturing Index (PMI) stayed steady in August, coming in at 52.8, the exact same as July. This marks the 27th consecutive month of growth. Of note this month are comments that…
#METALMARKETUPDATE – July ’22
The June ISM Manufacturing Index (PMI) decreased 3 percentage points, posting a 53 mark compared to May’s 56.1. This is the lowest reading since June 2020. Survey respondents noted that supply chain…
#METALMARKETUPDATE – June ’22
May’s ISM Manufacturing Index (PMI) increased marginally to 56.1 from April’s 55.4 mark. May’s data indicates the 24th consecutive month of economic expansion. Survey respondents continue to mention supply chain and pricing…
#METALMARKETUPDATE – APRIL ’22
The March ISM Manufacturing Index (PMI) reading fell to 57.1 from February’s 58.6 mark. The slight decrease was largely attributed to supply chain constraints and higher price inputs. In something of a…
#METALMARKETUPDATE – Supplemental MARCH ’22
*** Supplemental Emergency Update on Nickel Pricing *** To say that the Nickel market has been in a state of disarray in March would be a gross understatement. Historic, unprecedented,…
