SteelOrbis - Steel News: economics Accurate steel prices, latest steel news, massive database of steel companies, comprehensive coverage of steel markets, and online steel trading. 2014-08-01T11:09:38Z SteelOrbis 2014-08-01T11:09:38Z en HSBC China final manufacturing PMI hits 18-month high in July 2014-08-01T08:49:42Z 2014-08-01T08:49:42Z The HSBC purchasing managers' index (PMI) for the Chinese manufacturing sector increased to a final reading of 51.7 in July. 2014-08-01T08:49:42Z Euro area annual inflation in July softens slightly to 0.4 percent 2014-07-31T13:45:48Z 2014-07-31T13:45:48Z Annual inflation in the euro area is expected to be 0.4 percent for July, down from 0.5 percent in June. 2014-07-31T13:45:48Z EU-28 unemployment rate down to 10.2 percent in June 2014-07-31T11:40:19Z 2014-07-31T11:40:19Z In June of the current year the seasonally adjusted unemployment rate in the EU member states was 10.2 percent, down from 10.3 percent in May. 2014-07-31T11:40:19Z Average HRB 400 rebar prices in China up slightly in mid-July 2014-07-24T08:26:06Z 2014-07-24T08:26:06Z 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 2014-07-24T08:26:06Z HSBC’s China flash manufacturing PMI hits 18-month high in July 2014-07-24T08:24:32Z 2014-07-24T08:24:32Z In July this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 52, the highest level of the past 18 months. 2014-07-24T08:24:32Z Brazil forecasts higher inflation rates, lower GDP 2014-07-23T22:40:45Z 2014-07-23T22:40:45Z 2014-07-23T22:40:45Z Turkish metal producers' foreign sales prices up 10% in June 2014-07-21T08:47:24Z 2014-07-21T08:47:24Z In June this year, the foreign sales prices of producers in the Turkish domestic basic metal industry increased by 9.99 percent compared to June 2013. 2014-07-21T08:47:24Z Bayi Steel to issue short-term bonds worth RMB 1 billion 2014-07-21T07:36:37Z 2014-07-21T07:36:37Z Xinjiang-based Chinese steelmaker Bayi Iron and Steel Co. plans to issue short-term bonds worth RMB 1 billion, for a term of 365 days on July 23. 2014-07-21T07:36:37Z NBS: China's new house prices see declines in June from May levels 2014-07-21T07:35:51Z 2014-07-21T07:35:51Z In June of the current year, of 70 major Chinese cities surveyed, 55 cities witnessed lower prices compared to May this year. 2014-07-21T07:35:51Z Euro area annual inflation stable at 0.5 percent in June 2014-07-17T12:49:13Z 2014-07-17T12:49:13Z Annual inflation in the euro area was 0.5 percent in June this year, stable compared with May. 2014-07-17T12:49:13Z China's GDP increases by 7.4 percent in H1 2014-07-16T10:52:29Z 2014-07-16T10:52:29Z China's gross domestic product (GDP) indicated a year-on-year increase of 7.4 percent to RMB 26.9044 trillion in the first half of the current year. 2014-07-16T10:52:29Z Average HRB 400 rebar price in China edges down slightly in early July 2014-07-14T09:12:24Z 2014-07-14T09:12:24Z In early July (July 1-10) this year, the average prices in China of 16-25 mm HRB 400 rebar was recorded at RMB 3,124/mt ($509.6/mt), down 0.1 percent. 2014-07-14T09:12:24Z Turkey's basic metals turnover index falls further in May from April 2014-07-11T14:28:34Z 2014-07-11T14:28:34Z Turkey's monthly industrial turnover index in May this year decreased by 1.5 percent month on month. 2014-07-11T14:28:34Z CISA: Import iron ore prices to fluctuate on slight downtrend 2014-07-07T11:20:44Z 2014-07-07T11:20:44Z Prices of imported iron ore in China have continued to decline since the start of the summer, while domestic crude steel output is at high levels. 2014-07-07T11:20:44Z Average HRB 400 rebar price in China down 1.1 percent in late June 2014-07-04T09:11:55Z 2014-07-04T09:11:55Z In late June (June 21-30) this year, the average price in China of 16-25 mm HRB 400 rebar was RMB 3,127.5/mt ($510.2/mt), down 1.1% from mid-June. 2014-07-04T09:11:55Z Turkish metal producers' sales prices up 0.6% in June over May 2014-07-03T09:16:22Z 2014-07-03T09:16:22Z In June this year, the domestic PPI for Turkey's basic metal industry increased by 0.61 percent on month-on-month basis. 2014-07-03T09:16:22Z EU-28 industrial producer prices down 0.1% in May from April 2014-07-02T11:14:39Z 2014-07-02T11:14:39Z In May this year industrial producer prices decreased by 0.1 percent both in the euro area and in the European Union member states month on month. 2014-07-02T11:14:39Z EU-28 unemployment rate down to 10.3 percent in May 2014-07-01T14:08:11Z 2014-07-01T14:08:11Z In May of the current year the seasonally adjusted unemployment rate in the European Union member states was 10.3%, down from 10.4% in April. 2014-07-01T14:08:11Z HSBC China final manufacturing PMI up to 50.7 in June 2014-07-01T08:44:02Z 2014-07-01T08:44:02Z The HSBC purchasing managers' index (PMI) for the Chinese manufacturing sector increased to a final reading of 50.7 in June. 2014-07-01T08:44:02Z Euro area annual inflation in June stable at 0.5 percent 2014-06-30T09:28:50Z 2014-06-30T09:28:50Z Annual inflation in the euro area is expected to be 0.5 percent for June, unchanged from the previous month. 2014-06-30T09:28:50Z Turkish consumer confidence down three percent in June from May 2014-06-27T07:53:08Z 2014-06-27T07:53:08Z The consumer confidence index* in Turkey, which stood at 76 points in May, decreased by three percent month on month in June this year to 73.7 points. 2014-06-27T07:53:08Z Confidence in French industry below long-term average in June 2014-06-26T09:23:01Z 2014-06-26T09:23:01Z Confidence index for French industry decreased by one percent in June compared to May, standing below its long-term average. 2014-06-26T09:23:01Z NBS: Average finished steel prices in China soften further in mid-June 2014-06-24T08:14:40Z 2014-06-24T08:14:40Z In June 11-20 this year, the average price in China of 16-25 mm HRB 400 rebar was RMB 3,160.7/mt ($515.61/mt), down 1.4% from June 1-10. 2014-06-24T08:14:40Z HSBC's China flash manufacturing PMI hits six-month high in June 2014-06-23T14:03:02Z 2014-06-23T14:03:02Z In June this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 50.8, the highest level of the past six months. 2014-06-23T14:03:02Z US ranks as largest investor in EU-28 in 2013 2014-06-20T15:00:15Z 2014-06-20T15:00:15Z Foreign Direct Investment (FDI) from the rest of the world into the EU reached €327 billion in 2013. 2014-06-20T15:00:15Z Turkish metal producers' foreign sales prices dip 0.2% in May from Apr 2014-06-20T08:58:13Z 2014-06-20T08:58:13Z In May this year, the foreign sales prices of producers in the Turkish domestic basic metal industry decreased by 0.2 percent on month-on-month basis. 2014-06-20T08:58:13Z Average finished steel prices in China decline slightly in early June 2014-06-17T08:40:53Z 2014-06-17T08:40:53Z In early June (June 1-10) this year, the average price of 16-25 mm HRB 400 rebar in China was RMB 3,207.1/mt ($523.18/mt), down 0.4% from late May. 2014-06-17T08:40:53Z Euro area annual inflation down to 0.5 percent in May 2014-06-16T11:13:44Z 2014-06-16T11:13:44Z Annual inflation in the euro area was 0.5 percent in May this year, down from 0.7 percent in April. 2014-06-16T11:13:44Z CISA: China composite steel price index down 1.77% during May 2014-06-16T08:33:55Z 2014-06-16T08:33:55Z As of the end of May (May 31), the composite steel price index (CSPI) for the Chinese domestic market was down 1.77% month on month. 2014-06-16T08:33:55Z Turkey's basic metals turnover index down 0.9% in April from Mar 2014-06-13T09:27:08Z 2014-06-13T09:27:08Z In April, the industrial turnover index for the manufacture of basic metals in Turkey decreased by 0.9 percent from the previous month. 2014-06-13T09:27:08Z