News in North American Manufacturing
The Institute for Supply Management’s manufacturing purchasing managers index (PMI) rose to 59.3 percent in October, up 3.9 percentage points from the September reading of 55.4 percent and the highest since September 2018. The […] Read More
According to the Stainless Steel Council of China, the country’s stainless steel production is expected to rise by 2.1 percent this year to more than 30 million tons due to “robust demand for the […] Read More
While the coronavirus pandemic has kept industrial metals industry colleagues from meeting in person, the Metals Service Center Institute is working to develop engaging, online contents for its members. These events are all online and […] Read More
On October 30, the Federal Reserve announced that it had reduced the minimum loan amount for its Main Street Lending Program (MSLP) to $100,000 from $250,000 in an effort to entice more U.S. companies to […] Read More
As The Canadian Press reported, U.S. President Donald Trump signed a proclamation on October 27 formally rescinding the 10 percent tariffs on aluminum exports that he had placed on Canadian producers earlier this year. The […] Read More
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