NBS: China's Jan-May ROM iron ore output slumps 10% YoY

China's run-of-mine (ROM) iron ore production during January-May this year totalled some 414.3 million tonnes, lower by a significant 10.1% compared with the same period last year, according to the latest statistics from the country's National Bureau of Statistics (NBS).

By region, the ROM ore output in North China's Hebei province – the country's top iron ore-producing hub - slumped by 23% on year to 185.6 million tonnes in the first five months, while Northeast China's Liaoning province followed with a production of 73.1 million tonnes, dipping 1.6% on year NBS data show. In May alone, China mined out 85.8 million