run-of-mine iron ore output rose 14.5 percent to 1.31 billion
tonnes last year from a revised 1.14 billion tonnes in 2011,
according to National Bureau of Statistics (NBS) data.
"It is widely known that NBS
usually revises its data after its first release, but the big
gap surprised the market," a Shanghai trader said of the
revised 2011 total, originally put at 1.33 billion tonnes.
"We might need to wait for NBS
to release the revised data (for 2012) before we do the
comparison," an industry analyst in Beijing told AMM
sister publication Steel First.
Iron ore output in December rose 14.7 percent from a year
earlier to 119.48 million tonnes.
A version of this article was first published by AMM sister
publication Steel First.