09
May
21:40
US manufacturing index reaches 19-month low
The Institute for Supply Management’s (ISM) purchasing managers’ index (PMI) continued to decline in April, falling to its lowest point since September 2020, Kallanish understands.
The ISM’s manufacturing PMI reading registered at 55.4% in April, falling by 1.7% below March’s reading of 57.1%. The latest PMI indicates solid expansion in US manufacturing industries for the 23rd consecutive month in a row.
“Due to electronic …
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Anonymous
Very good overview of the weekly steel market.
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