CFLP: China Steel PMI Grows to 57.2% in August, Expanding for 4th Consecutive Month

SHANGHAI, Sept. 1 (SMM) – China’s CFLP steel PMI came in at 57.2 per cent in August, up 2.3 percentage points on a monthly basis, according to data from the China Federation of Logistics & Purchasing (CFLP). 

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The reading, after expanding for four months in a row, approached to the peak of 57.3 per cent seen in April 2016. 

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