01
Feb
10:40
China’s manufacturing starts year down
China’s manufacturing sector continued to slow in January, according to two purchasing managers’ indices (PMIs). Both the official and the Caixin PMI suggest continuing problems for steel demand this year, Kallanish notes.
The Caixin PMI recovered 0.2 points to 48.4 points, still suggesting a fairly steady decline in activity month-on-month. China’s official manufacturing PMI, however, was down -0.3 points to 49.4, suggesting the pace…
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Anonymous
Very good overview of the weekly steel market.
Anonymous