WEEKLY: China's rebar output rises further on week

Rebar output among the 137 Chinese steel mills that Mysteel monitors regularly climbed further during December 25-31, rising by 2% or 38,300 tonnes on week to 1.88 million tonnes, according to Mysteel's weekly survey.

During the same survey week, the rebar rolling capacity utilization rate among the sampled mills edged up by 0.8 percentage points on week to average 41.3%, the findings of another Mysteel survey showed. Some steel mills resumed operations after finishing year-end maintenance on their steelmaking facilities, while others directed more