August 2017

China Domestic Prices

China Metals Weekly (CMW), August 31st newsletter reported that long products prices continued to move-up briskly on all product lines on a month over month (m/m), basis. Angles advanced 15.8% to $599 per ton, channels jumped 16.0% to $592. Beams rose 15.6% to $584. Wire rod priced increased 11.7% to $570 and rebar increased by [...]

U.S. Manufacturing Inventory Census Report

Total seasonally adjusted (SA), non-inflation adjusted manufacturing inventories totaled $649,086 million (M) at the end of June, up 0.16% month on month, (m/m) and up 4.78% year on year, (y/y). The total manufacturing inventories to shipment ratio, (I/S) was up 0.01 to 1.38 m/m and up 0.03 percentage points y/y. The US Census Bureau issues [...]