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.

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