China: Rebar output up marginally by 1.5% in Oct’20

China’s rebar output increased marginally to 23.78 mn t in Oct’20 compared to 23.42 mn t in the previous month, according to the National Bureau of Statistics’ data. Output increased by 6.5% on year-on-year basis. Total rebar output from Jan to Oct’20 is registered at 219 mn t, up 4.7% y-o-y.