Re-Openings Inspiring Confidence Re-openings inspiring confidence is reflected in the National Federation of Independent Business (NFIB) Small Business Optimism index, which rose 3.8 points in September. Overall confidence and hiring appear to be benefitting from re-openings finally getting underway in some of the nation's largest states. Consumer sentiment continued to improve in October, in the [...]
The Latest Round of Price Increases by Gerdau The latest round of price increases by Gerdau are set to become effective with September 1 shipments-on July 20. Prices for all grade of special bar quality (SBQ) steel remained flat month on month, in the United States, but market participants anticipate an increase once recently announced [...]
Consumer Sentiment at Highest Level Ever With consumer sentiment at highest level ever, the University of Michigan's early read shows March consumer sentiment rose 2.3 points to 102.0, its highest level since 2004 and its highest level ever. Wells Fargo US Raw Steel Production Eased Back Last Week US raw steel production eased back last [...]
