23
Oct
01:00
Chinas manufacturing stays positive in October
The HSBC China manufacturing purchasing managers’ index (PMI) improved in October, according to a preliminary “flash” reading released on 23 October monitored by Kallanish. However, China’s economy continues to suffer from insufficient demand, HSBC warns.
The flash PMI came in at 50.4 for October, up from the final reading of 50.2 in September. A reading over 50 indicates improvement, with a higher number suggesting faster expansion.
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Anonymous
Very good overview of the weekly steel market.
Anonymous