04
Jan
09:07
China’s manufacturing struggles to pull up
China’s manufacturing sector is still struggling to bottom out according to the latest purchasing managers’ indices (PMIs). The popular Caixin manufacturing PMI worsened in December, while the official figure gained very slightly but continued to show worsening conditions in the sector, Kallanish notes.
The Caixin figure dropped 0.4 points to 48.2 in December, suggesting a moderate decline in manufacturing for the tenth consecutive month. O…
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Anonymous
Very good overview of the weekly steel market.
Anonymous