November 20, 2014 / 6:02 AM / 3 years ago

Steel stocks decline on weak China factory output data

A worker stacks steel pipes in the western Indian city of Ahmedabad November 4, 2014.Amit Dave/Files

Reuters Market Eye - Tata Steel (TISC.NS) falls 0.7 pct, while Jindal Steel and Power (JNSP.NS) is down 1.1 pct.

China flash PMI shows factory output shrank for first time in 6 months.

China currently consumes around half of the world's metals - World Bank.

Reporting by Abhishek Vishnoi

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