In August of this year, the purchasing Managers' Index (PMI) of the steel sector in China's Hebei Province dropped to 55.5%, down 1.5 percentage points from the previous month, as announced by the Hebei Steel Industry Association (MIA). In a given month, the PMI trend for the steel sector in Hebei Province was the same as for the whole of China, which decreased by 0.7 percentage points per month to 49.8 percent, as announced by the China Steel Logistics Committee (CSLC).
In August, the overall index of new orders for the steel sector in Hebei Province dropped to 64.1 percent, down 1.3 percentage points from the previous month.
In August, the production index for the steel sector in Hebei Province decreased by 6.1 percentage points to 46.3 percent.
In this month, the new export orders index for the steel sector in Hebei Province remained stable from month to month, amounting to 45.0 percent.
At the same time, the index of finished steel stocks in Hebei Province rose 2.6 percentage points month-on-month to 52.6 percent in August.
In August, the index of raw materials stocks in Hebei Province was 54.9 percent, up 4.9 percentage points from the previous month.
The ex-factory price index for finished steel in August was 57.3 percent, down 13.4 percentage points from the previous month.
In August, the raw material purchase price index was
