March Manufacturing Sees Gains as Supply Disruptions Ease: PMI

US manufacturing activity saw a sharp improvement in March driven by big increases in output and new orders. Both domestic and foreign client demand ticked higher, according to the latest US Manufacturing PMI data from S&P Global.

The overall upturn was aided by a sharper expansion in production at the end of the first quarter. Indeed, production grew at its fastest pace since last August, the report said.

Manufacturing

David Schollaert

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

David Schollaert

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