Electrical Steel Market Report Dec 2011
2012-01-10 10:43:37 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
Generally, the electrical steel market went down during the month, with continuously weak demand. Sources predict the slim situation would continue in January, the holiday season, and participants would not take active measures during the period
1. Financial News
CPI in November increased by 4.2% year-on-year, and PMI increased by 2.7% during the month year-on-year, but 0.7% down month-on-month.
Statistics showed the domestic output of steel products was 70.1 million tons in November, up by 7.8% year-on-year. The total output amounted to 810.14 million tons, up by 13.1% year-on-year.
The Central Economic Working Conference was held on 12-14 December, confirming the basic work would be keeping stable increase in the first year of Twelfth Five Year Plan.
1. Financial News
CPI in November increased by 4.2% year-on-year, and PMI increased by 2.7% during the month year-on-year, but 0.7% down month-on-month.
Statistics showed the domestic output of steel products was 70.1 million tons in November, up by 7.8% year-on-year. The total output amounted to 810.14 million tons, up by 13.1% year-on-year.
The Central Economic Working Conference was held on 12-14 December, confirming the basic work would be keeping stable increase in the first year of Twelfth Five Year Plan.
