ArcelorMittal Brasil announced that rolling mill 3 at the Monlevade unit will start operating in January 2022.

JSW Steel reported the Crude Steel production for the month of July 2021 was at 1.382 million tonnes on standalone basis, up 11% YoY.

They said many domestic companies will likely face pressure in gaining orders from overseas markets for the rest of this year.

Investment in high-tech industries in Fujian grew 49.1 percent year-on-year in the first half of 2021, according to local authorities.

Rise to balance demand, supply, and cut output, energy use for green goals.

The report also forecast that the growth of China's construction sector is likely to stabilize in the second half of the year.

The planned diversification fits in with a global trend of continually deploying resources to further bring down carbon intensity, enhance the functions of the carbon trading system and make technological breakthroughs in related fields.

Latest data shows that Chinese iron ore imports in July were 88.5 million tonne down 1% MoM and 21% YoY. YTD Chinese iron ore