TGViewer
Metals Wire Metals Wire @metalswire · 693 subscribers
Post #1021 216
Morning Bites (part 2)

🌏Global manufacturing PMIs showed mostly negative dynamics in June. The Eurozone Markit Manufacturing PMI fell to 43.4 (from 45.8 in April), missing the consensus estimate of 43.6. The US ISM manufacturing PMI also dropped, to 46.0 (from 46.9 in May)

🇨🇳The official NBS Manufacturing PMI in China inched up to 49.0 in June (from 48.8 in May), matching market estimates. Meanwhile, the Caixin China Manufacturing PMI was 50.5 in June, outpacing the forecasts of 50.2

❗️The global manufacturing sector remained depressed in June, as indicated by most of the PMIs staying below 50.0. Overall, the dynamics are unfavourable for the demand for industrial metals (e.g. steel, aluminum and copper). However, Beijing's stated intention to support the real estate segment, as well as plans for massive infrastructure projects, might boost metals consumption later this year

#PMIs
https://metals-wire.com:3000/news-reports
Open in Telegram All posts from @metalswire
More from @metalswire
  1. Sep 28, 2026Morning Bites 🥉Global mined copper production increased 1.3% YoY in July, vs. the revised…
  2. Sep 25, 2026Morning Bites 🔗Global crude steel output declined 1.2% YoY to 144.2mnt in August, vs. the…
  3. Sep 24, 2026Morning Bites 🇨🇳 The output of power generation equipment in China decreased 3% YoY in A…
  4. Sep 23, 2026Morning Bites 🏭Global primary aluminium output declined 1.7% YoY in August, after the rev…
  5. Sep 22, 2026Morning Bites 🇵🇪 Peru’s copper output rose 4% YoY in July, reversing from the 5% YoY dec…
  6. Sep 21, 2026Morning Bites (part 2) 🔗CISA mills daily crude steel production in early-September rose t…
Threads Profile ViewerView any public Threads profile without an account.Open ThreadLook →Writing with AI? Make it sound human.Metric37 rewrites AI drafts so they read naturally. Free AI detector, 1,500 words free.Try Metric37 →