20
Nov
00:00
Chinese manufacturing growth stalls
Chinese manufacturing conditions neither improve nor worsened in October, as the preliminary flash reading of the HSBC China manufacturing purchasing managers’ index (PMI) came in at 50 on the nose. Any revision before the end of the month will therefore be crucial, signalling the difference between expansion and contraction, Kallanish notes.
The reading was the lowest for six months and down from 50.4 in September. The preliminary reading typically in…
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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