In the January-March period this year, China’s rebar production totaled 63.357 million mt, up 18.9 percent year on year, 0.1 percentage point slower than the increase recorded in the first two months this year, according to China’s National Bureau of Statistics (NBS).
今年前三个月中国的钢丝棒产量达到391.56亿吨，同比增长16.3％，比上年前两个月的增幅增加1.1个百分点。
According to SteelOrbis’ data, local rebar prices in China indicated an overall increasing trend in March, rising to their highest level in the given month at RMB 4,900/mt ex-warehouse on March 30 amid good demand during the peak season for business and support from rebar futures prices.