Home / News / Penn Stainless Post – February 2022

Penn Stainless Post – February 2022

 

Manufacturing PMI® at 57.6%

January 2022 Manufacturing
ISM® Report On Business®

Source: Institute for Supply Management®

New orders, production and employment growing; supplier deliveries slowing at a slower rate; backlog growing; raw materials inventories growing; customers’ inventories too low; prices increasing; exports and imports growing.

View the full January ISM® Report On Business® here.

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December 6, 2021 – February 2, 2022

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NICKEL SURCHARGES, FEBRUARY 1-28 (flat-rolled)

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INDUSTRY NEWS

U.S. Manufacturing Activity Steps Back as Supply Chain, Price Pressures Ease

(January 10, 2022)  Source: www.industrynet.com/blog

Stainless MMI: Tariff Exclusion Could Lead to More Capacity
(
January 10, 2021)  Source: www.agmetalminer.com

Top Manufacturing Trends to Watch in 2022
(January 11, 2022)  
Source: www.industrynet.com/blog

The Big Picture Report on U.S. Manufacturing Business Conditions (Jan 2022)
(January 17, 2022)  
Source: www.industrynet.com/blog

Nickel in Deficit as LME Inventories Continue to Decline
(January 18, 2022)  
Source: www.agmetalminer.com

What We Are Watching: Aluminum Stainless and Tesla Rumors
(
January 21, 2021)  Source: www.agmetalminer.com

What to Know Before Building a Steel Building
(January 24, 2022)  
Source: www.industrynet.com/blog

Could We Be Seeing a Re-run of the 2007 Nickel Market?
(
January 24, 2021)  Source: www.agmetalminer.com

European Steel Prices at a Crossroads
(
January 25, 2021)  Source: www.agmetalminer.com

How a Potential Russian Incursion Can Impact Metals Markets
(
January 27, 2021)  Source: www.agmetalminer.com

U.S. Manufacturing Activity Expands at a Slower Rate in January
(February 1, 2022)  
Source: www.industrynet.com/blog

Stainless Steel – MetalMiner Prices
(Daily)  
Source: www.agmetalminer.com

Nickel News Brief
(Daily)  
Source: www.estainlesssteel.com

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Penn Stainless Products
190 Kelly Road – Quakertown, PA 18951
102 McQuiston Drive – Jackson Center, PA 16133
Toll Free: 1-800-222-6144 – Phone: 215-536-3053
www.pennstainless.com