Sell down of ASX miners on Chinese steel reduction news

MINERS were on the chopping block today as China confirmed its intention to cut steel production this year.

Sell down of ASX miners on Chinese steel reduction news Sell down of ASX miners on Chinese steel reduction news Sell down of ASX miners on Chinese steel reduction news Sell down of ASX miners on Chinese steel reduction news Sell down of ASX miners on Chinese steel reduction news

Metals & Mining fell nearly 3.5% on the ASX 200, with the iron ore leveraged Fortescue Metals Group among those hit hardest.

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