Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / China's steel PMI rises to 50.6 in Mar

China's steel PMI rises to 50.6 in Mar

Apr 4, 2018 10:37

Source:SMM

China's steel purchasing managers' index (PMI) in March rose 1.1 from February and stood at 50.6, according to data from China Federation of Logistics & Purchasing

SHANGHAI, Apr 4 (SMM) – China's steel purchasing managers' index (PMI) in March rose 1.1 from February and stood at 50.6, according to data from China Federation of Logistics & Purchasing. A reading above 50 signals an expansion.

SMM expects steel prices to rebound in April given a bullish market. Steel inventories have shrunk since late-March with the pickup in downstream demand recovery.

SMM's steel PMI for March stood at 50.83 after seasonal adjustments, up 12.58 on the month and 9.59 on the year. For more information, please refer to SMM's China Steel PMI Monthly report.

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

steel

PMI

For queries, please contact William Gu at williamgu@smm.cn

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

Related news

SMM China Downstream Sectors PMI Monthly—Keeping track of the nonferrous metals market

We are glad to present you with the SMM China Downstream Sectors PMI Monthly to keep you updated on the changes of the manufacturing activities of the downstream sectors across the China nonferrous metals market.

time

Jun 22, 2020 18:29

SMM China Downstream Sectors PMI Monthly—Keeping track of the nonferrous metals market

China copper downstream PMI returned above 50 in March

Activity across Chinese copper downstream industries expanded in March last month, after registering a record contraction in the prior month

time

Mar 31, 2020 17:01

China copper downstream PMI returned above 50 in March

China copper downstream PMI fell to lowest on record as coronavirus bit

The PMI dropped from 47.04 in January to 37.97 in February, the lowest since SMM began to conduct the monthly survey in January 2017.

time

Mar 2, 2020 14:31

China copper downstream PMI fell to lowest on record as coronavirus bit

China nickel downstream activity improved in December

Prospects for lingering weakness in the nickel downstream sectors sent the preliminary PMI lower for January

time

Jan 6, 2020 12:15

China nickel downstream activity improved in December

Poor output, orders for stainless steel lower downstream nickel PMI for Apr

For May, the preliminary PMI extended decline by 3.14 from Apr

time

May 8, 2019 17:09

SMM Insight Industry Analysis

Poor output, orders for stainless steel lower downstream nickel PMI for Apr

China’s copper downstream contraction slows in Nov

SMM's PMI for downstream copper rose to 48.24 in Nov, up from 46.64 in Oct

time

Dec 3, 2018 14:22

SMM Insight Analysis

China’s copper downstream contraction slows in Nov

Low season continues to weigh on downstream copper

The PMI stood at 48.37 in Aug as the low season lingered. This is the third straight month with a reading below 50

time

Sep 4, 2018 15:26

SMM Insight Analysis

Low season continues to weigh on downstream copper

Jun PMI in downstream copper fall below 50 amid seasonal lull

Overall economic activity across downstream copper sectors shrank in Jun as the low season set in and production declined

time

Jul 4, 2018 17:00

Jun PMI in downstream copper fall below 50 amid seasonal lull

Tangshan plans staggered steel production during non-heating season

The city of Tangshan has issued a staggered steel production plan for the non-heating season this year in a bid to continue its clean air efforts, SMM learned.

time

Feb 23, 2018 15:37

Tangshan plans staggered steel production during non-heating season

Flash: Hebei has no plans to extend winter cuts

The government of Hebei province said it has no plans to extend the winter production cut policy for another two months, SMM learned.

time

Feb 1, 2018 17:24

Flash: Hebei has no plans to extend winter cuts

SMM Events & Webinars

Nov
24
- 2024 SMM Middle East Secondary Metal Field Trip
  Nov 24 - Dec 01,2024
  UAE
Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.