Hebei's steel industry PMI rebounds slightly in Dec 2018
2019-01-04 18:02:26 [Print]
According to Hebei Metallurgical Industry Association, in December 2018, Hebei's steel Purchasing Managers' Index (PMI) was 44
In December, the new order index was 40.4%, up by 3 . 9% from the previous month; the new export order index was 42 . 9%, up by 3 . 6% from the previous month.
In December, the output index was 42.6%, down by 3 . 7% from the previous month . Due to factors such as the stricter production restriction for environmental protection of steel industry in Hebei and the narrower profit of steel products, the operating rate of steel enterprises continued to decline . The finished product inventory index was 46 . 3%, down by 9 . 3% from the previous month, indicating that the inventory of steel enterprises in the province dropped significantly due to factors such as the stricter production restriction for environmental protection and downstream replenishment . The raw material inventory index was 46 . 3%, up by 3 . 7% from the previous month; the raw material purchase price index was 53 . 7%, up by 1 . 8% from the previous month.
. 7%, up by 0 . 5% MOM, and was in the contraction interval for two consecutive months.
In December, the new order index was 40.4%, up by 3 . 9% from the previous month; the new export order index was 42 . 9%, up by 3 . 6% from the previous month.
In December, the output index was 42.6%, down by 3 . 7% from the previous month . Due to factors such as the stricter production restriction for environmental protection of steel industry in Hebei and the narrower profit of steel products, the operating rate of steel enterprises continued to decline . The finished product inventory index was 46 . 3%, down by 9 . 3% from the previous month, indicating that the inventory of steel enterprises in the province dropped significantly due to factors such as the stricter production restriction for environmental protection and downstream replenishment . The raw material inventory index was 46 . 3%, up by 3 . 7% from the previous month; the raw material purchase price index was 53 . 7%, up by 1 . 8% from the previous month.