Steel production way up, coal production down in December

The production of coal in Poland declined by 7.4 percent, y/y, in December, 2016, according to data released on Wednesday by the Central Statistical Office (GUS). Also, it said that total production was 6.04 billion tons. Month-on-month production, meanwhile, fell by 0.4 percent. GUS also released date for production of other commodities. In December, cement production increased by 5 percent, y/y. It had reached 1.02 million tons by the end of the month, while falling, month-on-month, by 16.7 percent. Steel production in December amounted to 836,000 tons, an increase of 26 percent, y/y, and 13.2 percent, m/m.