NBS: China's Jan-Nov pig iron production down 2.3% YoY

China's pig iron production during January-November this year totalled 774.05 million tonnes, lower by 2.3% compared with the same period last year, according to the latest data released by the country's National Bureau of Statistics (NBS) on Monday morning.

The 2.3% decline in the national pig iron output was slower than the 4% on-year drop recorded for the country's crude steel production in the first 11 months of this year, Mysteel Global noted. For November alone, the country's pig iron output slumped by 8.7% on year to 62.34 million