01
Aug
12:19
Caixin PMI suggests firm manufacturing steel demand
China’s Caixin general manufacturing purchasing managers’ index (PMI) came in at 51.1 in July, up from 50.4 in June. The indicator suggests a more positive trend in manufacturing than the official manufacturing PMI released Monday, which saw a slight contraction, Kallanish notes.
“The sub-index showing quantity of purchases indicated the strongest rise in buying activity for five months, pointing to moderate growth in manufacturing production g…
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Anonymous
Very good overview of the weekly steel market.
Anonymous