PMI of Hebei steel industry registers 53.9% in May
2020-06-02 17:35:57 [Print]
On 1 Jun 20, Hebei Metallurgical Industry Association (HBMIA) released the PMI of Hebei Steel Industry in May 2020, which was 53
In May, the index of new export orders was 42.3%, up by 9 . 0 percentage points MOM; the output index was 57 . 8%, up by 5 . 3 percentage points MOM; the finished goods inventory index was 43 . 0%, down by 2 . 3 percentage points MOM; the raw material inventory index was 48 . 7%, up by 2 . 7 percentage points MOM; the raw material purchase price index was 64 . 5%, up by 20 . 5 percentage points MOM.
. 9%, up by 5 . 2 percentage points MOM and up for the third consecutive month, and was above the threshold of 50% for the first time this year.
In May, the index of new export orders was 42.3%, up by 9 . 0 percentage points MOM; the output index was 57 . 8%, up by 5 . 3 percentage points MOM; the finished goods inventory index was 43 . 0%, down by 2 . 3 percentage points MOM; the raw material inventory index was 48 . 7%, up by 2 . 7 percentage points MOM; the raw material purchase price index was 64 . 5%, up by 20 . 5 percentage points MOM.