In November this year, the purchasing managers' index (PMI) of China's steel sector was 49.2 percent, down 3.5 percentage points compared to the previous month, as announced by the China Steel Logistics Committee (CSLC) which is part of the ...
Tags: stainless steel, steel scrap, steel pipe, steel
Reuters reported that shanghai steel futures jumped 1.6% on Monday, snapping a week long fall, following more evidence that China's economy is on the mend The most briskly traded rebar contract for May delivery on the Shanghai Futures ...
Tags: steel scrap price, stainless steel, buy steel pipe, iron ore price news
Reuters reported that Shanghai steel futures jumped 1.6% on Monday, snapping a week-long fall, following more evidence that China's economy is on the mend, although demand for raw material iron ore is likely to stay subdued along with ...
Tags: steel bar, steel scrap price, stainless steel, steel pipe
IRIS reported that Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may trade under pressure amid stronger Indian rupee and rangebound movement in international market. LME Copper ...
Tags: base metals, international market, rangebound movement
Iron ore market remained affirmative as the mills plunged in buying. Encouraging economic indicators trickling in economy is poised for break after the winter recess. Better than expected industrial output PMI HSBC data in November ...
SMM reported that China's manufacturing PMI rose to a 7 month high in November. Risk appetite grew during the European session pushing commodity prices up. The US November manufacturing PMI declined more than expected, increasing ...
Tags: scrap metal price, iron ore price news, aluminum, steel scrap buyers
Global Times reported that the purchase management index (PMI) for China's steel distribution sector dropped 5.1 percentage points month-on-month to 45.2 percent in November, which indicates that steel prices may decline further in the ...
Tags: purchase management index, Global Times, steel, Beijing Lange Steel
Shanghai Metals Market reported that LME aluminum continued to drift higher last Friday buoyed by positive economic data in Europe and the US. LME aluminum briefly dipped to an intraday low of USD 2,057 per tonne after opening at USD 2,060 ...
Tags: scrap metal prices, iron ore price news, scrap copper, aluminum
Australian manufacturing activity contracted for the ninth straight month in November due mainly to an ongoing decline in new orders and production. The latest Australian Industry Group Australian Performance of Manufacturing Index ...
Tags: manufacturing activity, production, manufacturing businesses
Steel market in China got a jerk with slight improvement.More than the quantum it was the temperament which was encouraging.In the backdrop of healthy growth in manufacturing activity for the first time in 13 months in November,according to ...
Tags: steel market, PMI, HSBC, economic stability
Imported iron ore market,improved by 2%breaking 10 days hiatus.The prices of raw materials went up while,prices of steel products kept stable,indicating a typical sign of rebound. Increased steel production touching 1.9599 million tonne ...
10-12-2012 China's manufacturing activity grew in November for the second month in a row,according to the latest industry data. China's purchasing managers'index(PMI)reached 50.6 last month,up from 50.2 in October and 49.8 in ...
Tags: electrical electronics, China's manufacturing activity
November heralds the beginning of price retracing as the winter sets in and 2012 draws to close. Irrespective of some glimmer in HSBC PMI index climbing to 50.4 this week in 13 months fragility of demand and global economy continues to ...
While its companion index on the manufacturing side fell for the fourth time in the last six months in November, the Institute for Supply Management (ISM) reported today that things were better on the non-manufacturing side. In its ...
Tags: ISM, companion index, fell, new orders, manufacturing
Concerns over the Fiscal Cliff are front and center when addressing concerns about the United States economy, and today's November Manufacturing Report on Business from the Institute for Supply Management (ISM) was further proof of that. ...
Tags: Fiscal Cliff, United States economy, Manufacturing Report, dipped