NBS: China's H1 rebar output drops 11% YoY

Rebar output throughout China over the first half of this year declined by 10.7% on year to 87.82 million tonnes, according to the latest release from the National Bureau of Statistics (NBS) on July 20.

The on-year decline in cumulative output narrowed further by another 1.5 percentage points from the 12.2% drop in the first five months, thanks to a jump in output in June. China produced 15.66 million tonnes of rebar in last month, lower by 5.6% on year but higher by 2.9% from