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HSBC PMI
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The China HSBC Flash Manufacturing PMI Increased to 48.3 in April
Apr 24, 2014In April this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 48.3, up from March's final reading of 48.0, as announced by the HSBC on April 23. Since January this year, HSBC PMI has been below 50 for ...
Tags: PMI, domestic demand
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Activity in China's Vast Factory Sector Grew at a Milder Pace in November
Nov 25, 2013Beijing - Activity in China's vast factory sector grew at a milder pace in November as new export orders shrank, a preliminary survey showed on Thursday, bolstering expectations the economy could lose some of its vigor in the fourth quarter ...
Tags: PMI, Chinese economy
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China's Manufacturing Activities Rose to a Six-month High in September
Sep 25, 2013China's manufacturing activities rose to a six-month high in September, according to a preliminary survey from HSBC. The HSBC Flash Manufacturing Purchasing Managers' Index (PMI) for September rose to 51.2, the highest level since April ...
Tags: manufacturing activities
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The HSBC Purchasing Managers' Index (PMI) Posted an Eleven-Month Low of 47.7 in July
Aug 3, 2013After adjusting for seasonal factors, the HSBC Purchasing Managers' Index (PMI) posted an eleven-month low of 47.7 in July, down from 48.2 in June, signaling a deterioration of business conditions for the third consecutive month, a company ...
Tags: Business Conditions, HSBC PMI
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Warming up for an Auspicious Entry Into 2013 Has Seen Sudden Turn of Events
Jan 6, 2013Putting behind the gloom of 2012 Chinese economy and industry seems to be warming up for an auspicious entry into 2013 at long last. Q4 has seen sudden turn of events kindling hopes of revival in Chinese steel industry backed by impressive ...
Tags: Chinese Economy, steel industry, infrastructure projects, China
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November Heralds Beginning of Price Retracing as Winter Sets in and 2012 Draws to Close
Dec 7, 2012November 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 ...
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The Chinese Long Product Price Index CLPPI Has Gone Down by 138 Points Last Week
Dec 3, 2012The mystery of steel price plummeting amidst improving economic parameters in China can be imputed to destocking at the traders and stockiest end. Use of steel products particularly HRC as collateral for availing credit by the market ...
Tags: steel, steel products, iron, steel mills
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The Declining Demands of One Industry Will Certainly Exert Great Influence
May 8, 2012As market is a double-edged sword, the declining demands of one industry will certainly exert great influence on other relevant industries. At present, the developmental trend of metal crushing industry in 2012 is not as bad as predicted by ...
Tags: News Update, Market View, Crush