Japan’s Purchasing Managers’ Index (PMI) for its manufacturing industry recovered by 1.7 basis point on month to 40.1 for June, indicating that the operations and market sentiment had been improving after a few months of declines since February, according to the release from au Jibun Bank Corporation on July 1.
China’s Purchasing Managers’ Index (PMI) for its manufacturing industry reversed up 0.3 basis point on month to 50.9 in June with major elements such as new orders and production posting gains on month, according to the release from the country’s National Bureau of Statistics (NBS) on June 30.
After three months of recoveries, China’s Purchasing Managers’ Index (PMI) for the steel industry reversed down in June by 1.6 basis points on month to 49.3, as steel production rapidly grew while demand softened, and the PMI for H1 averaged 45.3, down 5.5 basis points on year mainly because of the COVOD-19 outbreak, according to the release by CFLP Steel Logistics Professional Committee (CSLPC) on June 30.
钢production in Asia in May including that of China, the world’s largest steelmaking country, posted a 3.3% on-year decline to 113.5 million tonnes, while the whole world’s steel output fell more substantially by 8.7% on year to 148.8 million tonnes, according to the latest data from the World Steel
Chinese production of air-conditioners declined by 14.7% on year to 19.4 million units during May, according to the latest data from China’s National Bureau of Statistics, with the May result taking total production over January-May to some 78 million units, lower by 23.1% on year, the NBS data show. However, the pace of the decline had slowed marginally from the 24.8% decrease charted over the first four months.
中国造船企业在一月至五月接到新船订单相当于总1160万载重吨（DWT），同比下降1.2％，根据国家船舶工业的中国协会（CANSI）6月19日发布的最新版本. Demand for new vessels stayed dull as global freight markets continue to be buffeted by the coronavirus storm, Chinese market sources said Friday, admitting they were pessimistic about the medium- to long-term future for the country’s shipbuilding industry.
Chinese industry continued to recover in May, recording year-on-year growth of 4.4%, according to the latest release of China’s National Bureau of Statistics published on June 15. The May result was faster than the 3.9% for April – the first month of positive growth after several negative months when the COVID-19 outbreak was raging, Mysteel Global notes.
The declines in China’s total fixed asset investment (FAI) and the funding in the property market slowed further by May, with the former down 6.3% on year over January-May as against the 10.3% on-year fall in the first four months, and the latter dipping 0.3% as against the 3.3% fall by April, according to the latest data from China’s National Bureau of Statistics (NBS) on June 15.
China’s crude steel output picked up the pace again in May, posting a 1.9% on-year growth over January-May to 411.8 million tonnes from the 1.3% on-year rise for the first four months, with the output for May alone at a record high, according to the statistics from the country’s National Bureau of Statistics (NBS).
Better than expected, China’s auto sales rose on year and on month for the second successive month in May after a 21-month continuing drop, up 14.5% on year or 5.9% on month to 2.2 million units, mainly due to the government’s preferential policies and robust demand for trucks for infrastructure construction, according to the release from the China Association of Automobile Manufacturers (CAAM) on June 11.
China’s sales of excavators for both domestic and overseas customers for May had rose on year for the third successive month, up 68% on year, as end-users had been booking in anticipation of more construction projects in the coming months, according to the latest statistics from the China Construction Machinery Association (CCMA) on June 9.
For January-May, China’s foreign trade value declined more deeply by 8% on year than the 7.5% on-year fall for the first four months, as the foreign trade for May alone reversed down on month by 1.2% or down more sharply by 9.3% on year, according to the latest statistics in terms of the U.S. dollar from the country’s General Administration of Customs on June 7.
Over January-May, China’s steel exports declined more steeply by 14% on year, while steel imports rose 12% on year, according to the latest statistics from China’s General Administration of Customs (GACC) on June 7, as lower-priced overseas supplies had been sold to China when steel demand in other countries had been seriously dampened by the pandemic.
The world’s total steel demand this year is estimated to contract by 6.4% on year to 1.65 billion tonnes, mainly hit by the global crisis of COVID-19, according to the latest Short Range Outlook (SRO) from the World Steel Association (WSA or worldsteel) released at 1800 (Beijing time) on June 4.