In June, the steel industry PMI index was 54.1%, down 0.7 per

According to the Specialized Committee IOT steel logistics statistics show that in June the steel industry PMI index was 54.1%, slightly last month fell 0.7 percentage points, to continue the expansion in the range. The main sub index, new orders index fell 2.1 percentage points from a high level, is the main factor affecting the integrated steel PMI index fell, the production index, new export orders index rebounded slightly, finished goods inventory index fell slightly. PMI shows that the current domestic steel production is still accelerating, demand has been affected by seasonal factors have declined, but steel inventories did not significantly backlog, production and marketing convergence is basically normal, the industry runs more smoothly.

In June, the steel industry production index was 58.6%, up 0.4 percentage points higher than in May. Production related procurement activities appeared to be reduced, this month the steel industry purchasing volume index was 52.3%, 2.7 percentage points lower than last month; the import of raw materials index was 50.5%, down 3.2 percentage points from the previous month; raw material stock index fell 2.2 percentage points to 48%. From the above four index changes, as the profits of steel enterprises at a high level, steel production enthusiasm further improved. But the steel production procurement activities curtailed, especially the raw material stock index fell to the contraction range, or show the current iron and steel enterprise raw material inventory is still low. If the latter to maintain a higher production, the raw materials will have a strong replenishment requirements.

June, the steel industry new orders index fell to 58.4%, down 2.1 percentage points from the previous month, is still high. Data show that affected by seasonal factors, steel orders in June fell somewhat, but the overall sales situation is still good. The iron and steel industry in June, the new export orders index rose 1.4 percentage points to 46.2%, the 7 consecutive month at 50% below the line ups and downs. Show the change of the index, the domestic steel exports low has stabilized, but the decline trend has not been fundamentally reversed.

Following the May finished product inventory index fell sharply 13.4 percentage points to 42.1%, June finished goods inventory index fell further 1.2 percentage points, to 40.9%. The decline in the index shows that, despite the current steel production has accelerated, but the production and marketing of steel convergence basically normal, factory inventory digestion smooth. In June, the purchase of raw materials price index last month rose 0.9 percentage points, to 50.5%, over the first two months of continuous at 50% below the line ups and downs of the state, that raw material prices rebounded in the low.