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China’s steel PMI drops to 50.2 in December
Jan 3,2018 14:06CST
industry news
Source:SMM
China’s steel purchasing managers’ index (PMI) in December stood at 50.2 points, down 2.9 points from November, according to data from China Federation of Logistics & Purchasing.

SHANGHAI, Jan 3 (SMM) - China’s steel purchasing managers’ index (PMI) in December stood at 50.2 points, down 2.9 points from November, according to data from China Federation of Logistics & Purchasing. However, it marked the eighth consecutive month that the reading stood above 50 which indicates expansion.

 


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