PMI of Hebei steel industry registers 53.9% in May

On 1 Jun 20, Hebei Metallurgical Industry Association (HBMIA) released the PMI of Hebei Steel Industry in May 2020, which was 53.Asian Metal Copyright5%,up by 20.Asian Metal Copyright9%, up by 5.Asian Metal Copyright3 percentage pointsMOM; the finished goods inventory index was 43.Asian Metal Copyright2 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.Asian Metal Copyright0%,down by2.Asian Metal Copyright0 percentage points MOM; the output index was 57.Asian Metal Copyright7 percentage pointsMOM; the raw material purchase price index was 64.Asian Metal Copyright8%, up by 5.Asian Metal Copyright7 percentage pointsMOM; the raw material purchase price index was 64.Asian Metal Copyright3 percentage points MOM; the finished goods inventory index was 43.Asian Metal Copyright8%,up by5.Asian Metal Copyright0%, down by 2.Asian Metal Copyright2 percentage points MOM and up for the third consecutive month,and was abovethe threshold of 50%for the first time this year.Asian Metal Copyright3 percentage points MOM; the raw material inventory index was 48.Asian Metal Copyright0%,down by2.Asian Metal Copyright7%, up by 2.Asian Metal Copyright3%,up by9.Asian Metal Copyright7 percentage points MOM; the raw material purchase price index was 64.Asian Metal Copyright7 percentage pointsMOM; the raw material purchase price index was 64.Asian Metal Copyright5%, up by 20.Asian Metal Copyright8%,up by5.Asian Metal Copyright5 percentage points MOM.
.Asian Metal Copyright2 percentage points MOM and up for the third consecutive month,and was abovethe threshold of 50%for the first time this yearAsian Metal Copyright