China s major steelmakers are bracing for a difficult second half of the year due to insufficient consumption and falling steel prices, which may have a global impact.
SHANGHAI, Jul 4 (SMM) – China's official manufacturing PMI data for June was 49.0%, an increase of 0.2 percentage points from May, and it was in the contraction territory for three consecutive months.
Asia s factory activity
slumped in June, business surveys showed on Monday, as sluggish
demand in China and advanced nations clouded the outlook for the
region s exporters. While.