Tag: China rebar output
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China: Rebar output declines faster to a 5-month low
Rebar production among the 137 Chinese steelmakers surveyed by Mysteel nationwide fell for the fourth consecutive week over December 29-January 4 and at the faster pace of 8.8% or 238,800 tonnes on week to reach a near five-month low of 2.48 million tonnes, new survey data show. During the previous week, output had dipped by…