Tag: China’s rebar output down 14% on year in Jan-Apr’22

China’s rebar production witnessed a 13.6% on-year decline over January-April to reach 75.8 million tonnes, according to the latest data from the country’s National Bureau of Statistics (NBS). Among the total, 20.6 million tonnes were produced during April, down 14.1% on year. Chinese steelmakers were not keen to ramp up their rebar production on margin…