Steel indices rebound in Q2

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

31 Jul 2009

China's climate index for steel rose to 94.94 points and the early-warning index for the sector stood at 60 points in the second quarter of 2009, much higher than those in the first quarter, according to China's business climate index survey released by the National Bureau of Statistics and a research center under the Economic Daily on July 28.  Indicators on steel production, prices, sales revenue and profits increased and total loss value in the industry continued to decline. The industry is expected to go better in the second half with the national economy further rebounding.

Source: CISA