PMI of Chinese steel industry posts 43.1% in Dec
2019-12-31 16:44:31 [Print]
According to the data released by CFLP Steel Logistics Professional Committee, PMI of steel industry was 43
. 1% in December, down by 2 . 3% from last month . PMI indicated that the growth of iron and steel industry kept declining . Based on the sub-indexes, demand in market tended to be tight and production of enterprises was relatively stable . Besides, cost of raw materials edged up but enterprises held optimistic attitude towards market outlook.