April Steel PMI Signals Enhanced Market Performance Amid Rising Supply and Demand
2025-04-30 / Read about 0 minute
Author:小编   

The steel industry's Purchasing Managers' Index (PMI) climbed to 50.6% in April, marking a 4.6 percentage point jump from the previous month and re-entering the expansion zone. This indicates a notable improvement in the sector's operating conditions. Both steel supply and demand witnessed increases, while steel mill inventories declined. However, steel and raw material prices exhibited a softening trend. Looking ahead, it is anticipated that steel demand will continue to recover in May, production will rise, and prices are expected to rebound from their recent lows.