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    Analysis

    February 8, 2024

    Dodge: January gain thanks to institutional planning

    Written by David Schollaert

    The Dodge Momentum Index (DMI) was largely unchanged in January, moving up marginally due to improved institutional conditions, according to the latest Dodge Construction Network (DCN) data.

    The DMI increased in January to 184.1 from a revised December reading of 183.9, DCN said on Thursday, Feb. 8. That’s just a 0.1% increase vs. the prior month, but 3% below January 2023’s reading.

    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.

    Read more from David Schollaert

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