02
Feb
00:00
Chinese manufacturing slows further
China’s official manufacturing purchasing managers’ index (PMI) slumped to 49.8 in January, down from 50.1 in December, the first time it had fallen below the 50 watershed since September 2012, according to the National Bureau of Statistics (NBS). The HSBC PMI meanwhile came in at 49.7 in January, lower than the 49.8 preliminary reading but still slightly higher than the 49.6 in December.
The figure means China’s manufacturing sector is con…
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Anonymous
Very good overview of the weekly steel market.
Anonymous