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WEEKLY: China’s rebar output down for second week

ABSTRACT

Over September 9-15, rebar production among China’s 137 steel producers under Mysteel’s survey including both integrated mills and re-rollers decreased for the second week and at a faster pace of 6.1% or 200,800 tonnes on week to 3.07 million tonnes, which was also down 17.6% or 654,500 tonnes on year due to the ongoing curbing among the producers.
Over the latest survey period, carbon and finished steel output in many Chinese regions including East China’s Jiangsu and Shandong, South China’s Guangdong and Southwest China’s Guangxi had been constrained by either power rationing or the related authorities’ efforts to reduce power consumption and intensity among their local industrial enterprises,

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