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CSLPC: China Sept steel PMI up to 46.6 on much better need

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On the other hand, Chinese steel rates went V-shaped in September, though they were still lower on month, as well as costs of vital steelmaking raw products nudged down, CSLPC recommended. As for October, "Chinese steel need may continue to recoup while steel production might remain on the uptrend. And also costs of both completed steel as well as

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Sophia

China's Purchasing Managers' Index (PMI) for its steel industry had increased for the second month in September, up bycheck price 0.5 percentage point on month to reach 46.6, as domestic steel demand...

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