Publicado: Sep 30, 2023 12:35
According to the PMI of the steel industry released by the China Federation of Logistics and Purchasing Steel Logistics Professional Committee on September 30, the PMI in September 2023 was 45.8%, up 0.6 percentage points from the previous month, showing that the steel industry is stabilizing at a low level, but still in a tight pattern, and the peak season is not satisfactory. The changes in the sub-indexes show that the market demand has improved slightly, but to a limited extent; steel companies' production has continued to decline, and the supply and demand sides are running tight as a whole. Raw material prices rose faster, and steel prices fluctuated. It is expected that in October, steel demand may rebound, but the rebound space needs to be observed, steel production may be stable or slightly reduced, raw material prices may fall back to a high level, and steel prices may fluctuate and rise. (CaiLianShe)

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