Rebar output declines 3% in Nov: NBS-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Market commentary
  • Futures movement
  • Copper
  • Aluminium
  • Inventory data
  • Lead
  • Evening comments
  • Macroeconomics
  • MMi Iron Ore Port Index
  • Li-Ion Battery Cathode Material
  • Morning comments
  • Customs data
  • Silicon
  • Nickel

Rebar output declines 3% in Nov: NBS

Data Analysis 03:14:57PM Dec 18, 2018 Source:SMM

SHANGHAI, Dec 18 (SMM) – Chinese steel mills churned out 18.57 million mt of rebar in November, down 2.9% from October but up 10.14% from November 2017, showed data from the National Bureau of Statistics (NBS) on Monday December 18.

This grew rebar output in January-November to 190.87 million mt, some 2.62% higher than the same period last year.

Output of wire rods came in at 13.16 million mt last month, down 1.18% month on month but up 24.39% year on year. In January-November, this output amounted to 132.72 million mt, up 9.04% compared to a year earlier.

Key Words:  Production data   Steel   Rebar 

Price

more
62% Fe Fines (Qingdao Port): IOPI62
Apr.19
669.0
0.0
(0.00%)
62% Fe Fines (Qingdao Port, CFR Equiv.)
Apr.19
92.0
-0.2
(-0.20%)
58% Fe Fines (Qingdao Port): IOPI58
Apr.19
601.0
0.0
(0.00%)
58% Fe Fines (Qingdao Port, CFR Equiv.)
Apr.19
82.2
-0.2
(-0.19%)
65% Fe Fines (Qingdao Port): IOPI65
Apr.19
777.0
3.0
(0.39%)

Rebar output declines 3% in Nov: NBS

Data Analysis 03:14:57PM Dec 18, 2018 Source:SMM

SHANGHAI, Dec 18 (SMM) – Chinese steel mills churned out 18.57 million mt of rebar in November, down 2.9% from October but up 10.14% from November 2017, showed data from the National Bureau of Statistics (NBS) on Monday December 18.

This grew rebar output in January-November to 190.87 million mt, some 2.62% higher than the same period last year.

Output of wire rods came in at 13.16 million mt last month, down 1.18% month on month but up 24.39% year on year. In January-November, this output amounted to 132.72 million mt, up 9.04% compared to a year earlier.

Key Words:  Production data   Steel   Rebar