03
Aug
01:00
US manufacturing sector expands again while primary metals contracts
For another consecutive month, the US manufacturing sector expanded during the month of July while the primary metals sector contracted.
The Institute for Supply Management (ISM) is reporting a manufacturing PMI of 52.7% for the month of July. Although it was down 0.8 percentage points from June’s reading, a reading above 50 still signals expansion, Kallanish mentions. The July reading signaled growth in the manufacturing sector for 31 months in a row,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous