According to SMM research, as of September 19, the operating rate of 34 electric furnace (EF) steel mills that mainly produce rebar was 40.85%, up 2.41 percentage points WoW, and the capacity utilisation rate was 43.04%, up 2.54 percentage points WoW. The average daily output of rebar stood at 76,700 mt, up 4,500 mt WoW.

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