Analysis: China steel market emerging from seasonal slowdown

摘要

The outlook for China's steel market edged up slightly in September to a five-month high due to anticipation of stronger demand during a seasonally stronger period, according to the latest S&P Global Platts China Steel Sentiment Index (CSSI), which showed a headline reading of 26.18 points out of 100 in September. The headline CSSI, which measures the outlook for new steel orders over the coming month, rose by 3.31 points from 22.88 in August. A reading above 50 indicates expectations of an increase/ expansion and a reading below 50 indicates a decrease/contraction.