An uptick in China’s domestic vehicle market in August has sent positive signals to the manufacturing sector and could help support flat steel prices in coming months, market sources said Wednesday. China's passenger vehicle output rose 9.1% month on month in August, while sales rose 5.4% over the same period, China Passenger Car Association data released Monday showed. This comes after output and unit sales in July fell 3.8% and 15.9% on month, respectively, CPCA data showed.
展开▼
