Ezz_steel1
kuwait_steel1
Arab Steel Summit
Ezz_Web_Banner_Side_280x200
qatar_steel2
SMS group
Steelco
Awards
Arab Steel Summit
steelradar

China’s rebar output down 9.5% in January-October 2022

In the January-October period this year, China’s rebar production totaled 198.344 million mt, down 13.8% year on year, according to China’s National Bureau of Statistics (NBS).

In the first ten months, Chinese wire rod production amounted to 119.558 million mt, down 8.4% year on year.

In October alone, China’s rebar and wire rod production amounted to 20.936 million mt and 11.746 million mt, up 7.6% and 1.5%, year on year, respectively.

Rebar prices in China moved on a downtrend in October, with the lowest level of RMB 3,787/mt seen on October 31 and the highest level of RMB 4,223/mt recorded on October 11.

Rebar prices have bottomed up in November amid the increasing trend of rebar futures prices as China has issued policies to boost the real estate industry and ease Covid-19 restrictions

Twitter
Facebook

Related News

Ezz-780-1
kuwit-steel3
mih-1

Latest News