Tag: PMI
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CSLPC: China Nov steel PMI hits over one-year low
In November, the Purchasing Managers’ Index (PMI) for China’s steel industry fell for the second month by 1.7 basis points to 36.6, the same as in February 2020 when the country was in the fierce battle against the COVID-19, mainly due to the weakening demand in winter and lower steel production amid a series of…