NBS: China's Jan-Feb raw coal output stable YoY

Over January-February this year, China's total raw coal output reached 762.89 million tonnes, lower by a slight 0.3% from the first two months of last year, according to the latest release from China's National Bureau of Statistics (NBS) on March 16.

The NBS usually combines January output numbers with February's to minimize the impact of the Chinese New Year (CNY) holiday, which typically falls during the two months, Mysteel Global notes. On a daily basis, January-February output averaged 12.93 million tonnes/day, down 8.3% from the average of 14.1 million t/d for