Hebei province's steel PMI picks up in February

摘要

Hebei province’s steel purchasing managers’ index (PMI) rose by 1.1 basis points from theprevious month to 49.1 points (out of 100) in February. It was the third consecutiveincrease, according to new data released by the Hebei Metallurgical Industry Association(HMIA).However, the index remained in contraction (below 50) for the fourth straight month.