NBS: China's Q1 pig iron production falls 3% YoY

China's pig iron production in January-March totalled 211 million tonnes, lower by 2.9% compared with the same period last year, according to the latest data released by the country's National Bureau of Statistics (NBS) on Thursday morning.

The 2.9% drop in pig iron production was smaller than the 4.6% on-year decline recorded in the country's crude steel production during the same January-March period this year, Mysteel Global noted. The results of Mysteel's survey also reflected the retreat in production among domestic blast furnace (BF) steelmakers in the