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Metropolis Reality Forums « January domestic steel PMI rose to 49.7% enthusias »

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   Author  Topic: January domestic steel PMI rose to 49.7% enthusias  (Read 158 times)
qizhen0926
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January domestic steel PMI rose to 49.7% enthusias
« on: Feb 21st, 2018, 1:16am »		 Quote Quote Modify Modify Remove Remove
<p>In January, the PMI for the domestic steel industry was 49.7%, up 2.1% from the previous month. This shows that the situation in the steel industry also improved slightly against the background of macroeconomic stabilization and recovery. However, the index is still within 50% of the contraction range for two consecutive months.Round Square Hexgonal 310S Stainless Steel Bar</p>
<p>Among the major sub-indices, the production index of the steel industry rebounded slightly, but remained in the contraction zone for three consecutive months. The new orders index rebounded to the expansion zone again. The finished goods inventory index and purchase price index dropped slightly. The production and operation activities Expected index rose to nearly 5-month highs.Third Party Inspected Stainless Steel Cooling Coil Tube</p>
<p>All these data show that the current domestic steel industry supply and demand situation continues to improve, steel companies order well organized, steel stocks decline, the general outlook for the market outlook is more optimistic. At present, the enthusiasm of the steel mills has risen. Production-related procurement activities showed a clear trend of expansion.Tubo de acero sin costura mecánica ASTM A519 4145</p>
<p>Purchasing Volume Index rebounded 2.6 ppts in January to 52.9%. The Import Raw Materials Index rebounded 5.8 ppts to 56.9%, the highest level since May 2016 and was in an expansion range for 4 consecutive months. The Raw Material Index L "to nearly 9-month high, up 0.8 ppt YoY to 53.1%. Judging from the changes of these indexes, with the continuous rise of steel prices, the profits of steel mills continue to improve, the enthusiasm for production has risen, and optimistic expectations of the market outlook have been achieved. The enthusiasm of raw materials procurement by steel mills has risen markedly.TOP MANUFACTURER OF MS GI RECTAGULAR STEEL TUBE</p>
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