Special Bar Quality Prices Ticked Up This Month on the Back of Higher Scrap Prices Special Bar Quality prices ticked up this month on the back of higher scrap prices, with market participants seeing a steady course for the near future. AMM’s 1000 series hot-rolled bar price rose to $40.00/cwt ($800.00/per ton) on August 11. [...]
Overall Economy Grew for the 90th Consecutive Month The Institute for Supply Management (ISM) released its November Report on Business: economic activity in the manufacturing sector expanded in November and the overall economy grew for the 90th consecutive month, say the nation's supply executives in the latest report. The November PMI registered 53.2 percent, an [...]
Overall Economy Grew for 88th Consecutive Month The Institute for Supply Management (ISM) issued its September 2016 Manufacturing ISM Report on Business and reports economic activity in the manufacturing sector expanded in September following a contraction in August and the overall economy grew for the 88th consecutive month. The report was issued by Bradley J. [...]
The Conference Board Leading Economic Index (LEI) Released Monday: The LEI for the US increased 0.8 percent in March to 100.9 (2004=100), following a 0.5 percent increase in February and a 0.2 percent increase in January. The LEI rose sharply again, the third consecutive monthly increase” said Ataman Ozyildirim Economist at the Conference Board. “After [...]
I had the pleasure of attending a political fundraiser Tuesday at the Union Club in downtown Cleveland. I was privileged to meet Senator Rob Portman, former Governor George Voinovich and my state Senator John Eklund, among others. Consensus seems to be that the Republican party is broken and in need of repair in many areas. [...]