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[Ferro-Alloys.com] China's iron and steel industry PMI index fell 45.6% in June, down 2.4% compared to last May, 
especially the decline is most from in Hebei province, continued to shrink down from 3.4% to 41.2%. It showed this year the steel industry would return prosperity since in the 1st quarter this year
According to the data released by China National Bureau on July 1, in June this year China manufacturing purchasing managers index (PMI) was 50%, reduced slightly to 0.1% month on month. 
Among them, some overcapacity significantly down from the traditional industries, such as high energy-consuming industries PMI index of 48.2%, down 0.9% compared to last May, significant dropped for two consecutive months. 

(Article from Internet for reference only)

• [Editor:Chen Zhen Seng]