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NBS: China’s Aug rebar output up 9.2% on year

China’s production of rebars reached 24.1 million tonnes in August, up 0.9% on month or 9.2% on year, according to the latest data released by China’s National Bureau of Statistics (NBS) on September 17.
The country’s rebar producers were active in production last month, expecting that demand from construction projects would be strong over the traditional busy season of “Golden September and Silver October”, the popular term in China’s steel market referring to the usual uptick in steel demand this month and next. This is the period when

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