An HSBC survey showed on Thursday that the final reading of China's manufacturing purchasing managers' index (PMI) stood at 50.5 in December, in line with its preliminary estimate. The data was down from 50.8 in November. A figure above ...
Tags: China's PMI, Economy
China is on track to exceed the rest of the world in demand for base metals by 2017, becoming the single largest consumer, research consultancy Wood Mackenzie said Friday. In its latest base metals demand forecasts, Wood Mackenzie expects ...
Tags: Metallurgy, Mineral, Energy, aluminium, copper, lead, nickel, zinc
Shanghai Daily reported that profits of Chinese industrial companies grew for a second month in October, indicating strengthening economic stabilization in the world's largest manufacturing base. National Bureau of Statistics said that ...
Tags: national statistics bureau, Chinese industrial companies
Shagang has cut its rebar price and held its wire rod price, while Hebei Steel Group has kept its rebar price unchanged but raised its wire rod price. The price changes from two of China's biggest long products mills reflect tighter supply ...
China's crude steel output fell in July as mills reduced their operations owing to the summer slowdown and higher production costs. China's daily crude steel output for July was at 1.913 million tonnes, down 4.3% from June, according to the ...
Tags: steel