Tag: NBS: China’s rebar output falls 13% in Jan-Apr

China’s rebar production posted a 12.8% on-year decline over January-April to reach 66.3 million tonnes (mnt), according to the latest data from the country’s National Bureau of Statistics (NBS). Within the total, 16.3 mnt were produced for April alone, slumping by 21.7% on year. The rebar rolling capacity utilisation rate among the 137 Chinese steelmakers…