01
Sep
10:32
China's PMIs hint at weak market
Purchasing managers indices (PMI) for China’s manufacturing sector from Caixin and the National Bureau of Statistics (NBS) continued to diverge in August but both indicate that economic activity is broadly stable. The official PMI moved up 0.5 points from July to 50.4, while Caixin’s figure fell 0.6 to its breakeven at 50, Kallanish notes.
China’s official manufacturing PMI gained mainly on the production and new orders indices, while…
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