NBS: China's Q1 ROM iron ore output falls 1% on year

China's run-of-mine (ROM) iron ore output totaled 241.8 million tonnes during the first quarter of this year, easing by 1.2% from the same period last year, according to the latest statistics from the country's National Bureau of Statistics (NBS).

While earlier NBS data showed that ROM iron ore output during January-February had risen by 1.3% on year, the decline recorded for the past three months overall reflected the weak production in March alone. During last month, China produced 79.6 million tonnes of ROM iron ore, lower by 5.1% on