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China's daily output of iron ore up 14% during February

Keywords: Tags  China iron ore, iron ore, iron ore output, run-of-mine output, NBS, National Bureau of Statistics

SHANGHAI — China’s daily run-of-mine iron ore output totaled 3.17 million tonnes in February, up 14 percent from about 2.79 million tonnes per day in January, according to the National Bureau of Statistics (NBS).

"The good prices boosted output even during the Chinese New Year in February," an iron ore trader in Shanghai said.

However, daily output in January and February was lower compared with that during the second half of 2012 due to seasonal reasons. Output in the second half of 2012 averaged 3.97 million tonnes per day.

Total output for the first two months of 2013 reached 175.17 million tonnes, up 13.5 percent year on year.

A version of this article was first published by AMM sister publication Steel First.

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