Author: Lalita
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China’s April rebar, wire rod output up on strong steel margins
At 24 mn t and 14 mn t respectively, China’s rebar and wire rod output in Apr’21 recorded growths of around 12% and 8%, as SteelMint gleaned from latest data. Long steel output increased on the back of rising steel prices in China approaching the peak level in Apr’21, amid support from rebar futures prices…