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Global manufacturing PMI rose to 49.5% in June 2025
In June, the global manufacturing purchasing managers' index (PMI) was 49.5%, up 0.3 percentage points from the previous month, up two consecutive months from the previous month, but still below 50%.
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China's Customs Data on Stainless Steel and Major Raw Material Imports and Exports, May 2025 and January-May 2025
1. China's Stainless Steel Imports and Exports, January-May 2025
Cumulative imports: 718,000 tons. Cumulative exports: 2.11 million tons, an increase of 10.36% year-on-year.
Cumulative net exports (January-May): 1.3921 million tons, a 48.81% increase compared to the same period last year.
2. ...... #stainlesssteel #china
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UAE Steel Market Overview.In 2024, UAE steel demand has surged by 20%, showing strong market momentum. Steel demand is expected to grow by 10% in 2025.UAE is currently conducting several large-scale infrastructure projects with a total value of US$772 billion, with 52% of projects still in the planning, design or tendering stages.These projects include the $35 billion expansion of Dubai Maktoum International Airport, #UAE #Steel
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