China’s PM industry maintains growth in 2nd quarter

August 21, 2013

Statistics published by the China Machine Powder Metallurgy Association (CMPMA) show that structural PM part production maintained its growth momentum in the 2nd quarter of 2013 with output increasing to 45,124 tonnes, which is a 12.6% increase compared with the previous (1st) quarter of 2013.

This takes total PM production for the first half year to 85,165 tonnes, an increase of 8.7% compared with the same period in 2012.

In terms of sales value the CMPMA reported an increase of 7.3% for the first half year at Yuan 2,860 million ($467 million). The figures are based on the responses from 47 PM enterprises to the CMPMA.

 

 

 

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