New Export Order Sub-index is raising up to 45%

Published:

Sep 15,2021

According to the statistics published by CSLPC, the Purchasing Managers'Index (PMI) for China's steel industry read 49.1% in April, down by 1.5% m-o-m. However, the New Export Order Sub-index, which stayed under the line of 50 PCT for three consecutive months, climbed by 3.4% to 45%.