According to data recently released by the China IOT Iron and Steel Logistics Professional Committee, in March 2023 it was 48.4%, a month-on-month decrease of 1.7 percentage points, ending three consecutive months of month-on-month growth, and fell back to below 50% again. Among the sub-indices, the new orders index in March was 50.20%, an increase of 1.3 percentage points from the previous month.
The Steel Industry PMI in March 2023 is 48.4%
