02
Nov
09:27
Chinese manufacturing sector slowly bottoming out
China’s manufacturing indicators for October were up slightly from September but were still showing a deterioration in conditions. For the steel industry, this means demand from the sector is not yet ready to rebound and is likely to remain down year-on-year for at least the rest of 2015, Kallanish notes.
The Caixin China manufacturing purchasing managers’ index (PMI) for October came in at 48.3, up from 47.2 in September. With 50 the level…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous