According to SMM research, as of June 25, the operating rates of 50 electric arc furnace-based steel mills across the country who mainly produce rebar was 32.98%, down 3.84 percentage points from a week ago. The average capacity utilisation rate stood at 34.22%, down 3.54 percentage point WoW. Their daily average rebar output was 76,200 mt, down 7,700 mt WoW.
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