China’s rebar output down 2.2% in January-November 2023

In November alone, China’s rebar, wire rod and welded pipe outputs amounted to 18.01 million mt, 11.108 million mt and 5.657 million mt, down 8.8% , up 3.1% and up 11.0% year on year, while down 1.32% , up 0.61% and up 2.32% month on month, respectively, according to China’s National Bureau of Statistics (NBS). In the January-November period this year, China’s rebar production totaled 209.738 million mt, down 2.2% year on year, wire rod production amounted to 126.509 million mt, declining by 0.4% year on year. In the same period, China’s welded pipe output reached 58.866 million mt, up 11.6% year on year.