WEEKLY: China's rebar output down by 1% on week

The combined rebar output among the 137 Chinese steel mills under Mysteel's tracking fell again over November 20-26 after the previous week's 4% rise, Mysteel's latest weekly survey showed.

The volume of reinforced bars produced by these mills came in at 2.06 million tonnes over the latest survey week, edging down by 0.9% or 18,800 tonnes on week. Meanwhile, the figure was also 9.6% lower than the output during the same week last year. Mysteel's weekly survey on these