01
Apr
01:00
Chinese manufacturing struggled in March
The HSBC China manufacturing purchasing managers’ index (PMI) came in at 49.6 in March, down from 50.7 in February but higher than the 49.2 flash estimate released a week ago. China’s official manufacturing PMI from the National Bureau of Statistics did a little better, rebounding 0.2 points to 50.1, barely indicating expansion. Neither index painted a positive picture for steel demand however, Kallanish notes.
The new orders figure of the offici…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous