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China's iron and steel PMI reaches 44.9% in Aug
2019-09-02 16:56:42 【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.
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