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WEEKLY: China's rebar output falls by 5.5%


Rebar production among China’s 137 integrated mills and re-rollers regularly tracked by Mysteel declined over July 15-21, falling by 5.5% or 195,000 tonnes on week to settle at 3.35 million tonnes, according to the latest weekly survey.
Many steel mills in Central China and Southwest China in provinces such as Henan, Guangxi and Yunnan had reduced their production in response to power supply cuts, Mysteel Global noted. Over the survey period, both rebar rolling capacity utilization and the operational rate among the surveyed producers decreased, with the former


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