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Australian government offers $135M rescue to iron smelting businesses amid industry struggles.
Despite a decline in steel production, the iron ore market shows resilience.
China's iron ore imports have decreased year-to-date, though they increased in July.
Meanwhile, the Australian government is offering financial aid to struggling smelting businesses, with a $135 million rescue package for Nystar's operations in Port Pirie and Hobart, amid calls for more support.
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El gobierno australiano ofrece un rescate de 135 millones de dólares a las empresas de fundición de hierro en medio de las dificultades de la industria.