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US manufacturing sector expands in June while primary metals contracts
Despite expansion in the larger US manufacturing sector in June, the primary metals industry reported contraction, Kallanish learns from the Institute for Supply Management’s (ISM) latest manufacturing business report.
The manufacturing PMI registered 53.5% in June, a 0.7 percentage point increase over the May reading of 52.8%. A PMI reading above 50 indicates a general expansion of the manufacturing economy, while a reading below 50 indicates a ge…
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Anonymous
Very good overview of the weekly steel market.
Anonymous