PMI of Hebei steel industry registers 51.8% in Oct
2020-11-18 16:54:47 [Print]
According to data released by Hebei Metallurgical Industry Association, the PMI of Hebei steel industry in October 2020 was 51
In October, the new order index was 54.7%, up by 0 . 7% MOM; the new export order index was 42 . 3%, an increase of 1 . 8% MOM; the output index was 51 . 8%, down by 2 . 2% compared with September; the finished product inventory index was 50 . 0%, up by 4 . 0% on month-on-month basis; the raw material inventory index was 45 . 5%, down by 0 . 5% against last month; the raw material purchase price index was 48 . 9%, up by 0 . 9% from the previous month.
. 8%, down by 0 . 5% MOM . The figure was above the threshold for six consecutive months, indicating that the Hebei steel industry was in a stable operation trend.
In October, the new order index was 54.7%, up by 0 . 7% MOM; the new export order index was 42 . 3%, an increase of 1 . 8% MOM; the output index was 51 . 8%, down by 2 . 2% compared with September; the finished product inventory index was 50 . 0%, up by 4 . 0% on month-on-month basis; the raw material inventory index was 45 . 5%, down by 0 . 5% against last month; the raw material purchase price index was 48 . 9%, up by 0 . 9% from the previous month.