China’s steel industry PMI index falls for Jun
In June 2017, China’s steel industry PMI index reached 49.3, fell by 1.4% compared with previous month, showing the steel market activity has declined. Among them, China’s June steel trade enterprises sales declined, downstream orders also declined, and market confidence has slipped. Overall, it is expected China’s steel market will be slightly down for July.
In June of this year, China’s sales index was 48.9% in June, down by 2.5% compared with previous month. It showed that the sales volume of steel trade enterprises were reduced.
