China’s steel PMI rebounds in April

China’s steel industry continued to see improvement in April, with the purchasing managers’ index (PMI) for the sector showing positive growth for the first time since September 2013.

The index stood at 52.6 points last month, compared with 44.2 points in March, according to data released by the China Federation of Logistics & Purchasing (CFLP) on May 1....


May 05, 2014

05:50 GMT