Tag: China rebar
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China: Blast furnace mills’ rebar profits down again in Feb
Rebar profit margins among the 91 Chinese blast-furnace steel mills sampled regularly by Mysteel continued to shrink in February due to the further rises in mills’ production costs, according to the latest monthly survey released on March 13. Last month, the margin on rebars enjoyed by the steel mills under Mysteel’s survey averaged Yuan 19/tonne…