Steel Rebar: China’s production down 9.5% in Q1 2024

According to data released by China's National Bureau of Statistics, China's rebar production stood at 50.01 million tonnes in Q1 2024, down 9.5% year-on-year. During the same period, the country's wire rod production decreased 4.9% year-on-year to 32.44 million tonnes, while welded pipe production increased 5.6% to 11.92 million tonnes year-on-year. In March alone, China's […]