The U.S. Department of Labor reported that the U.S. unemployment rate rose to 4.4 percent in March from a 50-year low of 3.5 percent in February, amounting to a loss of 701,000 jobs. But, […] Read More
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The National Federation of Independent Business’s Small Business Optimism Index moved up 0.2 points in February 2020 to 104.5, a reading that was among the top 10 percent in the 46-year history of the […] Read More
IHS Markit’s Global Business Outlook for February showed that the net balance of global firms predicting output to rise over the coming year minus those predicting it will decline is at +18 percent in February, […] Read More
As readers certainly are aware, the coronavirus has rattled markets, lawmakers, health officials, and the industrial metals industry. Last week culminated in an announcement by the World Health Organization (WHO) that it was raising its […] Read More
According to FastMarketsAMM (subscription required), global crude steel production rose 2.1 percent from January 2019 to January 2020 due mostly to a 7.2 percent increase in Chinese steel production. Production declined in Canada (-6.5 […] Read More