01
Jun
18:41
US manufacturing activity ticks up in May
The US manufacturing sector expanded for the third month in a row in May, Kallanish learns from the Institute for Supply Management.
The ISM’s May purchasing manager’s index increased 0.5% from April to 51.3%. Readings above 50% indicate growth.
Both primary and fabricated metals registered general growth in May, with fabrication appearing to be the stronger of the two.
Both industries showed an uptick in new orders. Inventories are building in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous