?????????????
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->China's Steel Plants Face Renewed Stock Pressu...You are the 137954 visitors
Views:472   |   recommendation:   |   Votes:0   |   Discuss:0
China's Steel Plants Face Renewed Stock Pressure

China's steel plants face renewed stock pressure
Xinhua | Updated: 2017-05-02 17:24
BEIJING — Chinese steel plants are seeing growing output but falling orders, renewing concerns of excess inventories, an industrial index showed.

The Purchasing Managers' Index of the steel sector continued to slide to 49.1 in April, according to the China Federation of Logistics & Purchasing (CFLP).

The sub-index for production rose for the fourth-consecutive month to an almost one-year high while that for new orders and prices fell below the 50 boom-bust line for the first time this year, CFLP data showed.

Slumping steel prices and tight liquidity conditions weighed on steel product users, adding to sale pressure for steel plants.

Both official and private surveys showed that China's manufacturing sector eased expansion in April.

Source: www.chinadaily.com.cn

2017/5/4 17:56:00

Previous:    China's Steel Industry Urged to Continue Downsizing
        Next:    China's Foreign Trade Expected to Continue Upward Trend: Report

Recent Related News
NanoSteel Introduces Tool Steel Material for Powder Bed Fusion 3D Printing--2017-06-22
U.S. to Release Steel-Import Findings as Soon as This Week--2017-06-13
China, US, Germany and India to lead recovery in global steel market--2017-06-06
Evaluation and Policy Options on Overcapacity Reduction of the Steel, Iron and Coal Industries(No.35, 2017)--2017-05-17
Experts Call for Steel Capacity Cut--2017-05-09
China's Steel Industry Urged to Continue Downsizing--2017-04-25
Move to Protect US Steelmakers is Against Norms of World Trade--2017-04-25
Two Main Tasks of The Steel Industry Revealed--2017-04-18
Govt to Continue Cuts in Steel Production in 2018: NDRC--2017-03-07
China 'Seriously Concerned' by Increasing EU Protectionism in Steel Industry--2017-03-02
Steel Input Costs Hold Up--2017-02-25
Steel keeps on coming from Baosteel--2017-02-16

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener5fastener

The 17th Fastener Trade Show Suzhou
fastener

China Fastener Directory
Get it FREE!
fastener
Get your CFD at the following shows:
• Fastener Fair Stuttgart, Mar 28-30, 2017, Germany
• INAFASTENER, Mar 29-Apr 1, 2017, Indonesia
• M-Tech Nagoya, Apr 12-14, 2017, Japan



Show Room



Offer Product

Latest News
• NanoSteel Introduces Tool Steel Material for Powder Bed Fusion 3D Printing

• New patented tool prevents dropped fasteners

Buyers' Guide
Company News

• Würth Group Steps Up Sales by 8.7 Percent in the First Half of 2015

• STL Ensures Security and Reliability of Locking Washers by Introducing State-of-the-Art Testing Equipment

The Way to Enter Chinese Market
The Way to Enter Chinese Market


fastener