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China steel industry PMI fell to 47.9% in May 2026, down 1.3 percentage points MoM, signaling a slowdown. Subindices show May’s seasonal off‑season: demand softened, supply remained weak, finished‑goods destocking slowed, while raw‑material and steel

2026-05-31

China steel industry PMI fell to 47.9% in May 2026, down 1.3 percentage points MoM, signaling a slowdown. Subindices show May’s seasonal off‑season: demand softened, supply remained weak, finished‑goods destocking slowed, while raw‑material and steel prices continued to rise. The report expects continued downside pressure in June: demand to remain seasonally weak, mills to face greater production‑contraction pressure, raw‑material price growth at high levels to moderate, and steel price upside to weaken.

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2026-05-31

Malta's ruling Labor Party, led by Prime Minister Abela, won the parliamentary election, according to multiple Maltese media reports.

Malta's ruling Labor Party, led by Prime Minister Abela, won the parliamentary election, according to multiple Maltese media reports.
2026-05-31

Announcement due in 10 minutes that Fed Governor Waller will take part in a panel at the 32nd Dubrovnik Economic Conference.

Announcement due in 10 minutes that Fed Governor Waller will take part in a panel at the 32nd Dubrovnik Economic Conference.
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