Tag: China: Rebar wire rod production down y-o-y in April

Chinese mills reported a sizeable drop in long steel production m-o-m in April 2022, as per National Bureau of Statistics (NBS). Product-wise break up: Rebar production stood at 20.55 mnt, down 14% y-o-y. Wire rods output decreased by 13% to 12.44 mnt on the year. During the first four months (Jan-Apr’22), China’s rebar and wire…