Arab Steel Summit
Arab Steel Summit
Arab Steel Summit

China’s outputs and prices of rebar and wire rod up in October

In October this year, China’s rebar production totaled 23.781 million mt, up 6.5 percent year on year, 3.4 percentage points slower than the increase recorded in September, according to China’s National Bureau of Statistics (NBS).

Wire rod production amounted to 15.16 million mt in October, up 14.4 percent year on year, 2.9 percentage points faster than the increase seen in September. The output volume was up 0.5 percent from September.

Local rebar prices in China rose by 3.2 percent in October amid rising rebar futures prices, good demand and prevailing bullish sentiments among market players.

In the January-October period this year, China’s rebar and wire rod outputs amounted to 219.043 million mt and 136.922 million mt, up 4.7 percent and 5.3 percent year on year, respectively.


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Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.


92 Members

28 Board of Directors

17 Country

300.000 Employees

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