MNI Chicago Business Barometer Increased to Highest Level Since January 2015 The MNI Chicago Business Barometer increased in April to its highest level since January 2015. Optimism among firms about business conditions rose for the third month in a row. The April Chicago report showcased another impressive month with firms reporting solid growth. Rising demand [...]
The Conference Board Index Shows Consumer Confidence Increased Sharply in March Consumer confidence increased sharply in March to its highest level since December 2000,” said Lynn Franco, Director of Economic Indicators at the Conference Board. “Consumers’ assessment of current business and labor market conditions improved considerably. Consumers also expressed much greater optimism regarding the short-term [...]
US Raw Steel Production Jumped 1.9% Last Week US raw steel production jumped 1.9 percent last week as mills operated at an ACUR of 73.3 percent. In the corresponding week last year mills operated at an ACUR of 68.7 percent. On the year mills have produced prox 7,000,000 tons compared to the prox 6,500,000 tons [...]
US Raw Steel Production Jumped 1.9% Last Week US raw steel production jumped 1.9 percent last week as mills operated at an ACUR of 73.3 percent. In the corresponding week last year mills operated at an ACUR of 68.7 percent. On the year mills have produced prox 7,000,000 tons compared to the prox 6,500,000 tons [...]
US Ferrous Scrap Markets are in a Fall with No Area Spared US ferrous scrap markets are in a fall with no area spared from the cost-cutting wave sweeping across the country. In Chicago, mills are actively buying shredded scrap at prices that are down $25 per gross ton from last month with cut scrap [...]
Fifth District Survey of Manufacturing Activity for July Improved The Federal Reserve Bank of Richmond released its Fifth District Survey of Manufacturing Activity for July and reports manufacturing activity improved in the month. New orders and shipments increased this month while backlogs flattened. Texas Manufacturing Outlook Survey for July Held Steady The Federal Reserve Bank [...]
US Raw Steel Production Rose 1.1% Last Week US raw steel production rose 1.1 percent last week as mills operated at an ACUR of 75.9 percent. In the corresponding week last year mills operated at an ACUR of 72.1 percent. On the year mills have produced approx. 37,000,000 tons at an ACUR of 71.9 percent [...]
Republic Steel to Idle Ohio Rolling Mill Operations Republic Steel has announced it will idle its Lorain, Ohio rolling mill operations, citing weak demand. Plans call for the remaining 200 employees to be laid off by the end of the first quarter in staggered moves. AMM A bearish tone has prevailed in annual special bar [...]
Hope you all had a very nice Thanksgiving holiday... The Federal Reserve Bank of Dallas Texas Manufacturing Outlook Survey Reports Texas Manufacturing Increased Again It reports Texas factory activity increased for the second month in a row in November after exhibiting weakness in the first three quarters. (A glimmer of hope for oil and gas???) [...]
The Institute for Supply Management August 2015 Manufacturing Report on Business: Economy Grew Economic activity in the manufacturing sector expanded in August for the 32nd consecutive month and the overall economy grew for the 75th consecutive month, say the nations supply executives in the latest report. Issued by Bradley J. Holcomb, CPSM, CPSD, Chair of [...]
