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Home / Metal News / Nickel downstream PMI to weaken in Jan

Nickel downstream PMI to weaken in Jan

Dec 29, 2017 16:41

Source:SMM

SMM research showed nickel downstream PMI at 46.81 points in December and 43.13 points in January.

SHANGHAI, Dec 29 (SMM)－ The nickel downstream purchasing managers’ index (PMI) stood at 46.81 points in December, according to SMM research. While this is below the 50-point mark that separates growth from contraction, it has improved from November. SMM research showed the electroplating industry performed better but the stainless steel and alloy industries were lackluster.

For January, SMM sees the initial reading for nickel downstream PMI at 43.13 points, with weaker stainless steel and alloy industries. However, the battery sector may see some recovery.

For editorial queries, please contact Daisy Tseng at daisy@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn

Nickel

downstream

PMI

December

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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