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Pascal Blanc

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7 key factors for US reshoring

After making the case for reshoring in a previous article, PwC identified 7 key factors influencing potential US manufacturing resurgence. Obviously, labor cost is one of those factors but not the only one. “Industrial manufacturers may increasingly rethink their U.S.

New Tool to Measure (and Manage) the carbon footprint of your supply Chain
A Supplier’s Advice for Purchasing Custom Tradeshow Exhibits & Environments

Dear Purchasing Professional, We usually don’t get to speak with you directly when we respond to an RFP. But if we could, this is what we’d say. We’d like you to know that to get the best value when buying

US steel prices still trending down

US flat-rolled steel prices crept down last week as mills continued to battle for market share against a backdrop of increasingly aggressive import offerings. Domestic steelmakers in the U.S. slashed prices in February to cope with a flood of imports

US Productivity falls in Q4 2014

US Productivity fell at a 1.8% rate in the fourth quarter because output rose at a 3.2% pace but hours worked increased at a 5.1% rate, the largest jump in hours since the fourth quarter of 1998, after a revised

The index which mapped the 2008 financial crisis at lowest level since 1986

The Baltic Dry Index, which gauges the cost of shipping commodities including iron ore, cement, grain, coal and fertilizer, was down 2.20% at 577 points, the lowest since August 1986. Because dry bulk primarily consists of materials that function as

Chinese PMI contracts for second month

The final HSBC/Markit Purchasing Managers’ Index (PMI) for January came in at 49.7 on a seasonally adjusted basis, just below the 50.0 level that separates growth from contraction. The number was slightly lower than a preliminary “flash” reading of 49.8

Iron ore price meltdown

At the end of the latest offshore session, benchmark iron ore for immediate delivery to the port of Tianjin in China was trading at $62.80 a tonne, down 0.8 per cent from its previous close of $63.30 a tonne. The

WTI at $45: have we reached the bottom yet?

West Texas Intermediate for March delivery decreased as much as $1.24 to $44.35 a barrel in electronic trading on the New York Mercantile Exchange and was down 57 cents to $45.02 at 12:14 p.m. London time. The contract lost 72

Gasoline heads toward $2

Average pump prices—$2.04 a gallon Thursday—are now down more than 40% since last June, when they stood near $3.68 a gallon, according to the auto club AAA. Gas prices are below $2 a gallon in 27 states. Since 1980, gas