NBS: China’s Nov rebar output jumps 18% on year
Dec 18, 2019 18:00
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China’s total rebar output during November soared by 17.7% on year, according to new data from the country’s National Bureau of Statistics (NBS) published on December 18, which was much faster than the 11.9% on-year growth recorded during October.
The 22.4 million tonnes of rebar that China’s steelmakers produced in November accounted for 21.5% of the country’s total finished steel output last month, as calculated by NBS, with rebars remaining the dominant product among all steel items the nation produced. Last month’s rebar output was up by 2% compared