China's iron and steel PMI reaches 44.9% in Aug
2019-09-02 17:32:11 [Print]
According to the data released by CFLP Steel Logistics Professional Committee, PMI for iron and steel industry was 44
. 9% in August, down by 3 . 0% MOM . Based on the sub-indexes, production index increased but raw material prices saw sharp decline; demand slowed down in market and inventory for finished products rose . In general, there was a certain degree of unbalance between supply and demand in market and prices for steel products went down with fluctuation.