01
Mar
10:51
Chinese manufacturing picks up again in February
Chinese manufacturing purchasing managers’ indices improved in February, suggesting a firmer outlook for flat steel demand. Higher manufacturing output should support flat steel demand, as should higher purchasing rates, Kallanish notes.
The official manufacturing PMI published by the National Bureau of Statistics (NBS) increased to 51.6 in February, from 51.3 in January. A figure over 50 indicates an improvement in conditions. Production, new orders and n…
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Anonymous
Very good overview of the weekly steel market.
Anonymous