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Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

Chair of the Institute for Supply Management ® (ISM ® ) Manufacturing Business Survey Committee: “The Manufacturing PMI ® registered 49.1 The overall economy continued in expansion for the 45th month after one month of contraction in April 2020. (A A Manufacturing PMI ® above 42.5 TEMPE, Ariz. , Feb.

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Assessing The Rising Input Costs Associated With The Global Pandemic

Donlouco

Increasing Input Costs for Manufactured Items of Metal, Steel etc. The trend actually started in 2018, lost momentum in 2019 due to economic downturn based on US import taxes etc and during 2020 saw poor demand but prices remained static due to reduced production. Fig 1: Source : Trading Economics. Increasing Sea Freight Costs.

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Swedish steel mill turns to hydrogen for full-scale production

E&T

The hydrogen system was first successfully trialled back in 2020, whereby the team at Hofors reprogrammed its control system with H 2 parameters, allowing the team to switch between H 2 or LPG/NG as a fuel source to heat its furnaces at its rolling mills. The company also uses only steel scrap as input material instead of iron ore.

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Stronger together: WA Super Branch supports national supply network

Manufacturer's Monthly

Western Australia is home to some of the country’s largest export-oriented earthmoving and manufacturing operations. In 2020, the originally separate BSC and CBC branches merged, providing a much more holistic service to the area,” he said. “We But that doesn’t mean we don’t try to be proactive with our customers.

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Most commodity prices drop, but PE stays flat

Plastics News

Regional PP prices were down an average of 15 cents per pound, according to market sources contacted by Plastics News. That drop was a combination of a decline in price for polymer-grade propylene (PGP) feedstock and buyers reclaiming some margin from PP makers, sources said. The firm had sales of $21 billion in 2020.

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Embrace Disruption: The Supply Chain

Fabricating & Metal Work

The ultimate manufacturing supply chain disruptor was the arrival of the global pandemic of 2020, which is still affecting the timely delivery of products, noted Leigh Chesley the Chief Customer Officer of Longbow Advantage Inc. Ann Arbor, MI). Delivering components and parts to customers in a timely manner is more critical than ever.

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Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

4, 2023 /PRNewswire/ — Economic activity in the manufacturing sector contracted in December for the second consecutive month following a 29-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM ® Report On Business ®. TEMPE, Ariz. , Jan. Fiore , CPSM, C.P.M., percent, 0.6