According to statistics released by the National Bureau of Statistics (NBS) of China, China produced around 29.5 million tons of rebar in the first two months of this year, falling by 7.5% compared to the same period a year ago.

During the period, China’s wire rod and welded pipe production totaled around 20.8 million tons and 7.5 million tons, slightly falling by 1% and growing by 17% year on year, respectively.