Monthly orders unsurprisingly fell from March's surprising surge, with momentum seen in the sector's largest customer group — machine shops — while orders from aerospace manufacturers indicate investment in less sophisticated technology.
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Since Wynnchurch Capital acquired EMS in October 2019, EMS has now completed seven acquisitions.
While inflation is a major tailwind, a sustained increase in average order value above inflation continues to point to increased demand.
PMA's latest business conditions report showed relatively flat movement for near-term outlook, with a modest decrease in monthly shipping levels offset by higher expected near-term orders.
Order value continues its considerable year-over-year and year-to-date improvement, whole volume remains flat.
The leadership changes are designed to fully align Ryerson and maximize the synergies of its completed merger with Olympic Steel.
PMA's latest business conditions report showed a considerable downgrade in near-term optimism.
Orders sunk from their December record high, but were up year-over-year despite volume maintaining a longer-term low trend.
PMA's latest business conditions report showed a modest monthly decline in economic outlook from metalforming manufacturers despite them reporting higher shipping levels during January and expected orders.
After a tariff-driven May-August slump, orders accelerated throughout the rest of 2025 and entered 2026 with underlying momentum.
Metalforming manufacturers indicated month-to-month improvement in their January outlook survey for near-term business conditions, incoming orders and shipping levels.
The pending acquisition is set to create a combined company with over $9.5 billion in annual revenue.
November orders were nearly 26% above the typical level for the month and had the largest three-month cumulative order value since May 2022.
It represents a strong U.S. expansion for the Mississauga, Ontario-based distributor.
Surveyed metalforming manufacturers indicated month-to-month improvement in their December outlook for near-term business conditions and incoming orders.
More than one-third of surveyed North American metalforming manufacturers expect weaker economic activity in the next three months, while less than 1 in 5 expect improvement.
It will result in a combined company with about $6.5 billion in annual revenue, more than 160 locations and 6,300 employees.
The McNichols family will remain significant shareholders and continue to manage the specialty metals and fiberglass products distributor.
Orders continued to show monthly volatility, while key indicators suggest an activity slowdown throughout the second half of 2025.
B&S brands itself as a trusted domestic supplier of hard-to-source, high-temperature alloys that include titanium, nickel and aluminum, alongside service offerings of heat treatments, bar cutting and certification.
