From our worldwide network
Daily Steel News
Courtesy of SteelOrbis
Turkish construction sector confidence decreases in July
In July this year, the confidence index for the construction sector in Turkey, decreased by 1.7 percent month on month to 78.5 points.
Latin America's finished steel trade deficit up 10% in January-May
In the first five months of the current year, Latin America's finished steel trade registered a deficit of 5.4 million mt, down 10% year on year.
Average HRB 400 rebar prices in China up slightly in mid-July
In mid-July (July 11-20) this year, the average price in China of 16-25 mm HRB 400 rebar was RMB 3,133.8/mt ($509/mt), up 0.3 percent from early July
HSBC’s China flash manufacturing PMI hits 18-month high in July
In July this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 52, the highest level of the past 18 months.
Brazil forecasts higher inflation rates, lower GDP