Cutting Tool Demand Down, Not Out
After 11 months of activity, year-to-date consumption rose above $2.25 billion, with aerospace and automotive markets reportedly continuing to work through order backlogs.
Source: americanmachinist.com
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Cutting Tool Orders Up 4.4% in November
Through 11 months, orders were 7.5% higher compared to the previous year.
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Source: inddist.com
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Source: todaysmedicaldevelopments.com
Cutting Tool Orders Up Nearly 8% in 1st Half of 2022
Although shipments appear to have plateaued, their value is the highest since 2019.
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Source: inddist.com