The latest AMT report shows a decrease from May and a 4.2% decrease compared to the same period a year earlier.
Latest In Metals Service Centers
June total was up 4.3% vs May, but the first half of 2024 still remains down 11% year-over-year.
He faces felony charges after conspiring with competitors to fix prices for rebar in the Puerto Rico market.
Perry Atchley takes the metalworking and MRO supplies distributor's newly-created position.
David Bersaglini joins the company after leading Emerson spin-off Copeland's Global Refrigeration unit.
Ryerson expands its footprint in the New England region.
PMA report shows a stabilized economic outlook for metalforming manufacturers, despite a decline in shipping levels and slight changes in lead times.
BlackHawk has launched two initiatives to enhance operational efficiency, customer service and environmental responsibility.
The latest AMT report showed a slight decrease from April but a 1.8% increase compared to the same period a year earlier.
It was a major monthly rebound from April's 25.6% decline.
The company updated corrective actions it's taken in the wake of complexities in MSC's web pricing realignment rollout from earlier this year, which directly weakened sales and profits.
PMA said its members report a general sense of uncertainty over industrial demand, the election outcome, and whether tariffs will increase.
The two companies had combined revenue of just over $20 million in 2023 and have 58 employees.
MSC cited complexities in its web pricing realignment rollout as hurting March-May results, alongside weakness in heavy manufacturing.
The metalworking supplier continues to assess the financial effects of the storm and is working with its insurance carrier.
Orders through the first months of the year were up nearly 5% over 2023.
April's orders sunk by nearly the same amount that they spiked in March, which is when many builders of such machinery end their fiscal year.
Kennametal is working to restore production at its Rogers, AK, facility to minimize shipment delays to customers.
It adds to EMS’ footprint of 15 distribution and manufacturing facilities.
March orders typically see a large bump, as many sector manufacturers end their fiscal year at the end of the month.
