Thursday, November 13, 2008

China's Crude Steel Output Fell 17% On Year - Nov 13, 2008

China's crude steel output fell 17% on year to 35.9 million metric tons in October, the National Bureau of Statistics said Thursday.

The total crude steel production in the January-October period reached 427.29 million tons, up 3.9% on year.

Meanwhile, October pig iron production declined 16.8% on year to 34.13 million tons, while the January-October output totaled 399.48 million tons, up 2.5% on year.

Statistics provided by the bureau also indicate October iron ore output rose 12.5% on year to 67.85 million tons, while the total production from January to October rose 18.8% on year to 654.18 million tons.

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