NBS: China's H1 crude steel output falls 3% YoY

China's total crude steel output during the first half of this year registered 499.95 million tonnes, marking a 3% fall compared with the same period last year, according to the latest release from the National Bureau of Statistics (NBS) on Wednesday morning.

The decline narrowed from the drop of 3.9% recorded during the January-May period, as national crude steel production in June showed a slight recovery, up 0.4% on year to reach 83.67 million tonnes, the NBS statistics showed. On a daily basis, the country's crude steel output averaged 2.79 million tonnes/day