#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…
Tag: welding
Planning & Contingencies – No Room for Winging It!
Planning for an on-site project/turnaround/shutdown/outage is a science as well as an art. Successful project planning is the cornerstone of any organization’s ability to execute tasks efficiently and mitigate potential…
#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.…
TRUST BUT VERIFY
“TRUST BUT VERIFY” ~Russian proverb, popularized by Ronald Reagan Most field repair companies choose to hire the best leadership and craft. Having top talent in the field on complex projects…
Shell Length for Internal/External Pressure
When designing a cylindrical shell for internal pressure, the basic variables needed are the diameter, pressure, material allowable stress, and weld efficiency. The length of the shell is not a…
#METALMARKETUPDATE – OCTOBER ’23
The ISM Manufacturing Index (PMI) for September 2023 showed a notable increase to 49, up from 47.6 the previous month. This exceeded market expectations set at 47.8 and indicated the…
