China’s infrastructure and automotive sectors are “already responding to policy support,”.

The mining giant said it did not agree with the decision and would appeal within the next 10 days.

Output of ferroalloys in China in July 2022 down 6.9% YoY.

Output of raw iron ore in China in July 2022 down 3.5% YoY.

Output of coke in China in July 2022 down 1.0% YoY.

Output of pig iron in China in July 2022 down 3.6% YoY.

Output of crude steel in China in July 2022 down 6.4% YoY.

Output of steel in China in July 2022 down 5.2% YoY.