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Jun
01:00
US manufacturing sector continues expansion in May
Economic activity in the US manufacturing sector continued to expand during the month of May. The Institute for Supply Management (ISM)’s purchasing managers index (PMI) registered 52.8% during the month, an increase of 1.3 percentage points over the April reading. May’s PMI indicates growth in manufacturing for the 29th consecutive month, and growth in the overall economy for the 72nd consecutive month.
A PMI reading above 50% indicates that the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous