WEEKLY: China's rebar output retreats on week

Rebar output among the 137 Chinese steel mills saw a mild decline during the week of April 23-29, retreating by 80,100 tonnes or 3.7% on week to 2.07 million tonnes, according to Mysteel's latest survey.

Similarly, the operational rate for rebar mills among the sampled producers averaged 40% during the survey week, down 1 percentage point on week, while the average rebar rolling capacity utilization rate declined by 1.8 percentage points to 45.4%, according to another Mysteel survey. Some mills carried out blast-furnace maintenance, while