【July Stainless Steel PMI Falls 0.07 Percentage Points to 49.8%, Steel Mills Expect Production Increase and Improved Prosperity in August】In July, China's manufacturing PMI stood at 49.4%, a decrease of 0.1 percentage points from June, primarily due to the impact of high temperatures and some natural disasters on business operations, leading to a slight decline in the prosperity level of the manufacturing sector. Among them, the production index remained at 50.1%, maintaining a slight growth, but the new orders index decreased further to 49.3% from the previous month. According to SMM data, the stainless steel PMI in June was 49.8, continuing to decline from 49.87 in the previous month, mainly due to...