06
Jun
20:42
US manufacturing recovers slightly after hitting low point
The Institute for Supply Management’s (ISM) manufacturing purchasing managers’ index (PMI) rose slightly in May after falling to its lowest point since September 2020 in the prior month, Kallanish learns.
The ISM’s manufacturing PMI reading registered at 56.1% in May, rising by 0.7% above April’s recent low reading of 55.4%. The latest PMI indicates solid expansion in the overall US economy for the 24th consecutive month in a row,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous