Chinese manufacturing activity showed signs of improvement in August, indicatingstronger support for flat steel margins which returned to positive territory at the end of themonth.The manufacturing purchasing managers’ index, published by Chinese financial mediacompany Caixin, rebounded to 50.4 points in August from 49.9 in July. It was the first timethe PMI had risen above 50 – which denotes the sector is growing – since May.
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