RESEARCH AND ANALYSIS

Flack Global Metal’s Reports and Analysis hub provides comprehensive insights from the Flack Capital Markets team into the dynamic ferrous industry, offering real-time, in-depth reports and analytical perspectives. Explore the latest trends, market intelligence, and strategic assessments to stay up-to-date and make informed decisions in the ever-evolving metals sector.

Latest

Jun 20, 2024
Macro Flash Report
May’s Housing Starts and Building Permits both decreased below expectations, to their lowest levels in nearly 4 years. Recent data continues to underscore the negative impact of the high interest rate environment on the housing market.
Jun 18, 2024
Macro Flash Report
After a sluggish start to the year, industrial production surged in May to its highest seasonally adjusted level in 19 months. While the industrial side of the economy continues to face strong headwinds, this is another encouraging signal that the worst for steel consuming sectors is likely in the rear-view mirror.
Jun 14, 2024
Fundamental Report
The Initial look at June imports surprisingly suggests that arrivals have yet to substantially subside from elevated levels, while domestic production dropped after 5 weeks of incremental growth. Although the step lower in domestic production is a positive development, the overall current market surplus continues to be a significant obstacle for higher domestic pricing.
Jun 14, 2024
Macro Report
This was a big week for inflation and interest rates, while very little data was released on the industrial side.
Jun 12, 2024
Macro Flash Report
The FOMC maintained rates at 5.25-5.5% for the seventh consecutive meeting. The updated dot plot now forecasts one rate cut in 2024, two fewer than previously anticipated in March. These indicate a cautious approach despite positive inflation data released this morning, highlighting a hawkish stance. However, projections for 2025 suggest a shift towards more accommodative policy, with four cuts expected, up from the three forecasted in March.
Jun 11, 2024
Macro Flash Report
Details from this mornings NFIB Small Business Optimism report clearly highlight some of the headwinds that we have referenced in the industrial sector because of sustained level of restrictive interest rates. In short, uncertainty remains high while current activity and near-term expectations appear to have bottomed and are trending higher.