NEWS
Steel pmi in January 2023: steel supply and demand have improved the industry to achieve a better start information
2023-01-16
According to the steel industry PMI investigated and released by the Steel Logistics Professional Committee of China Federation of Things, it was 46.6% in January 2023, up 2.3 percentage points from the previous month and rising for two consecutive months, indicating a good start for the steel industry in the New Year. Sub-index changes show that the overall steel demand is stabilizing and recovering, steel production is steadily increasing, product inventories are rising, steel and raw material prices are both strengthening. It is expected that in February, driven by the continued weakening of the impact of the epidemic, the resumption of work and production after the Spring Festival and other factors, steel market demand continues to pick up, steel production continues to rise, steel prices are also expected to be stronger.
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