Iron Ore Market Report February 2014

1. Financial overview

1.1 HSBC manufacturing industry PMI in February records new low in past seven month

HSBC issued the final China’s manufacturing industry PMI in February of 48.5 with initial one of 48.Asian Metal Copyright Financial overview 1.Asian Metal Copyright3, reducing by 1% compared with that in January and recording new low in the past seven month.Asian Metal Copyright1 HSBC manufacturing industry PMI in February records new low in past seven month HSBC issued the final China’s manufacturing industry PMI in February of 48.Asian Metal Copyright Furthermore, the index stayed at above 50 for two consecutive months.Asian Metal Copyright Furthermore, the index stayed at above 50 for two consecutive months.Asian Metal Copyright Product demand and new orders in the index dipped, resulting in the decrease of employment for four consecutive months.Asian Metal Copyright Furthermore, the index stayed at above 50 for two consecutive months.Asian Metal Copyright The final employment index in February was 47.Asian Metal Copyright3, reducing by 1% compared with that in January and recording new low in the past seven month.Asian Metal Copyright2, recording the new low for the past five years, while the initial index was 46.Asian Metal Copyright5 with initial one of 48.Asian Metal Copyright9, and the final one in February was 47.Asian Metal Copyright2, recording the new low for the past five years, while the initial index was 46.Asian Metal Copyright3.

.Asian Metal Copyright Product demand and new orders in the index dipped, resulting in the decrease of employment for four consecutive monthsAsian Metal Copyright