According to statistics released by the National Bureau of Statistics (NBS) of China, China produced around 15.3 million tons of rebar in September, rising by 22% compared to the previous month and dropping by 17% from the same month a year ago.
During the period, China’s wire rod and welded pipe production totaled around 11.7 million tons and 5.4 million tons, dropping by 2.5% and 8% year on year, respectively.
In the first three quarters of this year, China’s rebar output amounted to approximately 145 million tons, a year-on-year decrease of 16%. The output of wire rods and welded pipes was roughly 100.3 million tons and 44 million tons, down by 4.2% and by 9% year on year, respectively.