WEEKLY: China's rebar output levels off on week

Rebar output among the 137 Chinese steel mills Mysteel regularly checks remained largely steady during the week of January 22-28, coming in at around 2 million tonnes, according to Mysteel's latest weekly survey, edging up by a minimal 0.1% or 2,800 tonnes on week.

Similarly, the rebar rolling capacity utilization rate among the sampled mills averaged 43.8% during the same period, also nudging up by 0.1 percentage point on week, another Mysteel survey showed. Some steel mills in North China's Shanxi Province switched their bar mills back on during the survey week, while others